For me to back a lad is an honour (5)
I believe the answer is:
medal
'an honour' is the definition.
(medal is a kind of honour)
I cannot understand how the remainder of the clue works.
Can you help me to learn more?
(Other definitions for medal that I've seen before include "Small metal disc as reward or prize" , "Olympic award" , "Decoration, award" , "Religious or commenorative metal piece" , "Award for merit" .)