Acclaim

acclaim [ uh'-KLEYM ]
[ intransitive verb, transitive verb ]

MEANING :
1. (tr. v.) to applaud or praise joyfully
2. (tr. v.) to declare with joyous approval
3. (intr. v.) to make welcome with shouts of praise

USAGE EXAMPLE 1 :
The book was acclaimed to be a best seller.

USAGE EXAMPLE 2 :
But in Brownland all is going well for the Government, a grateful people acclaim Mr Brown and it is the Opposition which is in desperate trouble.