High regard, respect (6)
I believe the answer is:
esteem
I believe this clue is a double definition.
'high regard' is the first definition.
(I've seen this before)
'respect' is the second definition.
(I know that respect can be written as esteem)
(Other definitions for esteem that I've seen before include "Hold in deference and respect" , "Count" , "Floor covering" , "credit" , "Revere(nce)" .)