This word is acceptable for play in the US & UK dictionaries that are being used in the following games:

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v. Simple past tense and past participle of laureate.

"They invented for him a new kind of laureated honour, and in the intermixture of the foliage raised to Apollo, slily inserted the vine and the cabbage leaves, which he evidently deserved, from his extreme dexterity in clearing the pontiff's dishes and emptying his goblets."