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The Collaborative International Dictionary
Laureating

Laureate \Lau"re*ate\, v. i. [imp. & p. p. Laureated; p. pr. & vb. n. Laureating.] To honor with a wreath of laurel, as formerly was done in bestowing a degree at the English universities.

Wiktionary
laureating

vb. (present participle of laureate English)