"Award (premium, prize, recognition, recompense, reward)" as a masculine singular noun and "I honor (award, repay, reward)" as a present indicative verb in the first person singular are English equivalents of the Italian word premio. Context makes clear which meaning prevails. Regardless of meaning or use, the pronunciation will be "PREH-myo" in Italian.
la vittoria e la gloria sono il mio premio
When translated from English to Italian a raccoon is a procione
"About" in English is circa in Italian.
"Out" in English is fuori in Italian.
"Or" in English is o in Italian.
"Not italian" in English is non italiano in Italian.
"To have" in English means avere in Italian.
"How is he?" in English is Come sta? in Italian.
"And you?" in English is E tu? in Italian.
"Who we are" in English is Chi siamo in Italian.
"About me!" in English is Su di me! in Italian.
"You did" in English is Hai fatto! in Italian.