Dictionary.com defines "HONOR" this way:

honor \Hon"or\, n. [OE. honor, honour, onour, onur, OF. honor, onor, honur, onur, honour, onour, F. honneur, fr. L. honor, honos.] [Written also honour.] 1. Esteem due or paid to worth; high estimation; respect; consideration; reverence; veneration; manifestation of respect or reverence.
A prophet is not without honor, save in his own country. --Matt. xiii. 57.
2. That which rightfully attracts esteem, respect, or consideration; self-respect; dignity; courage; fidelity; especially, excellence of character; high moral worth; virtue; nobleness; specif., in men, integrity; uprightness; trustworthness; in women, purity; chastity.
If she have forgot Honor and virtue. --Shak.
Godlike erect, with native honor clad. --Milton.
3. A nice sense of what is right, just, and true, with course of life correspondent thereto; strict conformity to the duty imposed by conscience, position, or privilege.
Say, what is honor? 'T is the finest sense Of justice which the human mind can frame, Intent each lurking frailty to disclaim, And guard the way of life from all offense Suffered or done. --Wordsworth.
I could not love thee, dear, so much, Loved I not honor more. --Lovelace.
4. That to which esteem or consideration is paid; distinguished position; high rank. "Restored me to my honors." --Shak.
I have given thee . . . both riches, and honor. --1 Kings iii. 13.
Thou art clothed with honor and majesty. --Ps. civ. 1.
5. Fame; reputation; credit.
Some in theiractions do woo, and affect honor and reputation. --Bacon.
If my honor is meant anything distinct from conscience, 't is no more than a regard to the censure and esteem of the world. --Rogers.
6. A token of esteem paid to worth; a mark of respect; a ceremonial sign of consideration; as, he wore an honor on his breast; military honors; civil honors.
"Their funeral honors." --Dryden.
7. A cause of respect and fame; a glory; an excellency; an ornament; as, he is an honor to his nation