ac·co·lade 
(ăkə-lād′, -läd′)
(ăkə-lād′, -läd′)n.
1.
a. An expression of approval; praise.
b. A special acknowledgment; an award.
2. A ceremonial embrace, as of greeting or salutation.
3. Ceremonial bestowal of knighthood.
tr.v. ac·co·lad·ed, ac·co·lad·ing, ac·co·lades
To praise or honor: "His works are invariably accoladed as definitive even as they sparkle and spark" (Malcolm S. Forbes).
[French, an embrace, accolade, from accoler, to embrace, from Old French acoler, from Vulgar Latin *accollāre : Latin ad-, ad- + Latin collum, neck; see kwel-1 in the Appendix of Indo-European roots.]