Merriam-Webster's Collegiate® Dictionary, 11th Edition
PRAISE
I. verb (praised; praising) see: prize
Date: 13th century
transitive verb to express a favorable judgment of ; commend , to glorify (a god or saint) especially by the attribution of perfections, intransitive verb to express praise, praiser noun
II. noun
Date: 14th century
1. an expression of approval ; commendation , worship ,
2. value , merit , one that is praised