It means raising the subject at the palace (8)

I believe the answer is:

accolade

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'it means raising the subject at the palace' is the definition.
The definition suggests a singular noun which matches the answer.

This is all the clue.

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(Other definitions for accolade that I've seen before include "Great praise or elevation to knighthood" , "Special recognition of merit" , "Award, originally of knighthood" , "Praise or approval, accompanies awarding of knighthood" , "Praise, as in conferring knighthood" .)

I've seen this clue in The Guardian and The Globe and Mail.

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