To lower in character, quality, or value; to degrade.
To lower the value of (a currency) by reducing the amount of valuable metal in the coins.
To make (something) appear to be more glorious than it is; regard something or someone as excellent baselessly.
To exalt, or give glory or praise to (something or someone).
Some movies glorify mobsters by making them seem like the cool kids around the block.
To worship or extol.