laud

laud [ lawd ]
[ noun, transitive verb ]

MEANING :
1. (tr. v.) to extol or sing one's praise
2. (tr. v.) to honour or glorify
3. (n.) a song of praise
5. (n.) praise

USAGE EXAMPLE 1 :
People lauded the good work done by volunteers in the tsunami hit area.

USAGE EXAMPLE 2 :
Indian newspapers and analysts lauded Mr Singh's performance in parliament.