1. (n.) That to which esteem or consideration is paid; distinguished position; high rank.
2. (n.) A token of esteem paid to worth; a mark of respect; a ceremonial sign of consideration

Definition: Esteem due or paid to worth; high estimation; respect; consideration; reverence; veneration; manifestation of respect or reverence.

Honor, like so many other English words, has various shades of meaning depending on how it is used.  We say a person honors his profession, meaning he is a credit to it. 

We honor someone by showing him respect.  We use Your Honor as a title.  We give a person an honor, meaning a title, badge, decoration, award, or courtesy. 

We uphold someones honor, meaning we defend his reputation.  We are people of honor, meaning we live by high moral and ethical standards. 

We give our word of honor, meaning we guarantee that we will do what we say. 

One of the things we find when we go to another language, however, is that the word we translate may not have exactly the same shades of meaning as it does in English.  The Greek word, timh' (time  pronounced tih-may), translated honor in 1 Timothy 5:17, has some of the same shades of meaning found in the English word, and some of its own. 

Its basic meaning is price or value.  The price or value of the books of magic arts burned at Ephesus was 50,000 pieces of silver (Acts 19:19; compare Acts 4:34; 5:2, 3).  We are Christs, for we are bought with a price far more valuable than gold or silver (1 Corinthians 6:20; 7:23). 

In another sense, the rules of touch not; taste not; handle not are not in any honor to the satisfying of the flesh (Colossians 2:21-23); that is, they have no value as far as keeping us from yielding to the flesh is concerned. 

Another meaning of the Greek word is reverence or respect.  This is a very common meaning in the New Testament.  Husbands are exhorted to give honor (respect) to their wives (1 Peter 3:7).  All of us are to give honor (respect) to whom honor is due (Romans 13:7). 

WE SHOULD HONOR PEOPLE MORE WHILE THEY ARE STILL ON THIS EARTH.

GREAT ARTISTS SHOULD BE HONORED AND GIVEN RESPECT. MADONNA IS AN ARTIST  WHO DESERVES TO BE HONORED. DON'T YOU THINK?