fete

v. host a party in honor of

n. party, celebration; banquet, feast; holiday

Fête is a French word meaning festival or holiday, which has passed into English as a label that may be given to certain events. It is widely used in England in the context of "a village fête". These are usually outdoor shows held on village greens or recreation grounds with a variety of activities and are organised by an ad-hoc committee of volunteers from organisations such as residents associations. Attractions seen at village fêtes include Tombola, Coconut shys, a 'bat a rat' stall, 'White elephant' stalls, cakes and home produce such as jam and pickles. Entertainment could include morris dancing, Tug of war, fancy dress and pet shows.
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Noun
1. an elaborate party (often outdoors)
(synonym) feast, fiesta
(hypernym) party
(derivation) celebrate
2. an organized series of acts and performances (usually in one place); "a drama festival"
(synonym) festival
(hypernym) celebration, festivity
(hyponym) carnival
Verb
1. have a celebration; "They were feting the patriarch of the family"; "After the exam, the students were celebrating"
(synonym) celebrate
(hypernym) meet, get together
(hyponym) jubilate
(derivation) feast, fiesta

n. fete, party, celebration; banquet, feast; holiday

n. feast, holiday, celebration; fair, festival, festivity, rejoicings

v. celebrate, feast, fete