What is RESPECT?

Oxford Dictionary defines RESPECT as:

/rəˈspekt/(noun)
1. A feeling of deep admiration for someone or something elicited by their abilities, qualities, or achievements.
2. Due regard for the feelings, wishes, or rights of others.

Merriam-Webster defines to RESPECT in the following way:

(transitive verb)
1. to consider worthy of high regard : ESTEEM
2. to refrain from interfering with