Honour a fellow as king (6)
I believe the answer is:
oberon
'king' is the definition.
(I've seen this before)
'honour a fellow' is the wordplay.
'honour' becomes 'obe' (Order of the British Empire award).
'a fellow' becomes 'ron' (masculine given name).
'obe'+'ron'='OBERON'
'as' acts as a link.
(Other definitions for oberon that I've seen before include "Satellite" , "Titania's king" , "Fairy king (AMND)" , "Spirited king" , "Fairy king - no bore (anag)" .)