Pleased and elated after naming leaders getting praise (5)
I believe the answer is:
paean
'praise' is the definition.
(paean is a kind of praise)
'pleased and elated after naming leaders' is the wordplay.
'leaders' suggests taking the first letters.
The first letters of 'pleased and elated after naming' is 'PAEAN'.
'getting' acts as a link.
(Other definitions for paean that I've seen before include "Song of thanksgiving" , "work building up" , "Formal expression of praise" , "Encomium, eulogy" , "A song of triumph or praise" .)