The most common and most likely answer to this crossword clue is the 7 letter word LAURELS
I've seen this crossword clue in The Daily Telegraph
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More clues leading to the result LAURELS
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The cryptic/wordplay part
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What does LAURELS mean?
LAURELS noun- Laurus nobilis, an evergreen shrub having aromatic leaves of a lanceolate shape, with clusters of small, yellowish white flowers in their axils.
- A crown of laurel.
- (chiefly in the plural) Honor, distinction, fame.
- Any plant of the family Lauraceae.
- Any of various plants of other families that resemble laurels.
- An English gold coin made in 1619, and so called because the king's head on it was crowned with laurel.
- To decorate with laurel, especially with a laurel wreath.
- To enwreathe.
- To award top honours to.
- Honors. From the Ancient Greek practice of crowning victors with a branch from the laurel bush, sacred to Apollo.