The most common and most likely answer to this crossword clue is the 6 letter word HONOR*
I've seen this crossword clue in The Guardian
H
O
N
O
R
*
Buddy explains!
The straight part
We know that "Accolade for American" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case accolade for american = honor*.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does HONOR* mean?
HONOR* noun- Recognition of importance or value; respect; veneration (of someone, usually for being morally upright or successful)
- The state of being morally upright, honest, noble, virtuous, and magnanimous; excellence of character; the perception of such a state; favourable reputation; dignity
- A token of praise or respect; something that represents praiseworthiness or respect, such as a prize or award given by the state to a citizen
- A privilege
- (in the plural) the privilege of going first
- A cause of respect and fame; a glory; an excellency; an ornament.
- (feudal law) a seigniory or lordship held of the king, on which other lordships and manors depended
- The center point of the upper half of an armorial escutcheon (compare honour point)
- In bridge, an ace, king, queen, jack, or ten especially of the trump suit. In some other games, an ace, king, queen or jack.
- (in the plural) (courses for) an honours degree: a university qualification of the highest rank
- To think of highly, to respect highly; to show respect for; to recognise the importance or spiritual value of
- To conform to, abide by, act in accordance with (an agreement, treaty, promise, request, or the like)
- To confer (bestow) an honour or privilege upon (someone)
- To make payment in respect of (a cheque, banker's draft, etc.)