The Collaborative International Dictionary of English v.0.48:

Glorify \Glo"ri*fy\, v. t. [imp. & p. p. Glorified; p. pr. &
   vb. n. Glorifying.] [F. glorifier, L. glorificare; gloria
   glory + -ficare (in comp.) to make. See -fy.]
   [1913 Webster]
   1. To make glorious by bestowing glory upon; to confer honor
      and distinction upon; to elevate to power or happiness, or
      to celestial glory.
      [1913 Webster]

            Jesus was not yet glorified.          --John vii.
                                                  39.
      [1913 Webster]

   2. To make glorious in thought or with the heart, by
      ascribing glory to; to acknowledge the excellence of; to
      render homage to; to magnify in worship; to adore.
      [1913 Webster]

            That we for thee may glorify the Lord. --Shak.
      [1913 Webster]

   3. To make (something or someone) appear to be more
      important, splendid, or valuable than would normally be
      thought; as, to glorify every routine job by giving its
      performer the title "engineer"..
      [PJC]

WordNet (r) 3.0 (2006):

glorify
    v 1: praise, glorify, or honor; "extol the virtues of one's
         children"; "glorify one's spouse's cooking" [syn: laud,
         extol, exalt, glorify, proclaim]
    2: bestow glory upon; "The victory over the enemy glorified the
       Republic"
    3: elevate or idealize, in allusion to Christ's transfiguration
       [syn: transfigure, glorify, spiritualize]
    4: cause to seem more splendid; "You are glorifying a rather
       mediocre building"