honour

nouns

the state of being honored
a tangible symbol signifying approval or distinction
"an award for bravery"
the quality of being honorable and having a good name
"a man of honor"
a woman's virtue or chastity

verbs

bestow honor or rewards upon
"Today we honor our soldiers"; "The scout was rewarded for courageous action"
show respect towards
"honor your parents!"
accept as pay
"we honor checks and drafts"