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The Collaborative International Dictionary
Panegyrize

Panegyrize \Pan"e*gy*rize\, v. t. [imp. & p. p. Panegyrized; p. pr. & vb. n. Panegyrizing.] [Gr. ?. See Panegyrist.] To praise highly; to extol in a public speech; to write or deliver a panegyric upon; to eulogize.

Panegyrize

Panegyrize \Pan"e*gy*rize\, v. i. To indulge in panegyrics.
--Mitford.

Wiktionary
panegyrize

vb. To praise someone or something, especially in an eloquent speech or in writing.