As usually used in the scriptures, to show respect and reverence to someone or something.

Honor thy father and thy mother, Ex. 20: 12 (1 Ne. 17: 55; Mosiah 13: 20). Honor the Lord with thy substance, Prov. 3: 9. If any man serve me, him will my Father honor, John 12: 26. Husbands should give honor to their wives, 1 Pet. 3: 7. With their lips only do they honor the Lord, 2 Ne. 27: 25 (Isa. 29: 13). I seek not for the honor of the world, Alma 60: 36. The devil rebelled against me, saying, Give me thine honor, which is my power, D&C 29: 36. The faithful shall be crowned with honor, D&C 75: 5 (D&C 124: 55). The Lord delights to honor those who serve him, D&C 76: 5. They are not chosen because they aspire to the honors of men, D&C 121: 34-35. We believe in honoring and sustaining the law, A of F 1: 12 (D&C 134: 6).