1 A person who is honoured with an award for outstanding creative or intellectual achievement.
1.1 short for Poet Laureate
1 literary Wreathed with laurel as a mark of honour.
1.1 (of a crown or wreath) consisting of laurel.
Late Middle English (as an adjective): from Latin laureatus, from laurea ‘laurel wreath’, from laurus ‘laurel’.
It is not enough to be aureate, merely the color of gold. To be truly important, you must be judged a laureate.