As far as I know honor is a correct definition.
Compounds:
尊 Honor
尊重する Respect, esteem, value
尊敬する Respect, esteem, honor, revere
自尊心 Self-respect, pride
KUN
尊い Exalted,august,awe-inspiring,sacred
尊い高齢 Sacred old age
尊ぶ Honor,respect,revere
神を尊ぶ Revere God