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Meaning of panegyrize

pan•e•gy•rize

Pronunciation: (pan'i-ju-rīz"), [key]
— v., -rized, -riz•ing.
—v.t.
  1. to deliver or write a panegyric about; eulogize.
—v.i.
  1. to indulge in panegyric; bestow praises.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.