The term 'Honor with Insults' is a phrase used to describe the practice of roasting, which is a comedic form of insult in which a person or group of people make jokes at the expense of another person or group. Roasting is often done in a lighthearted manner and is meant to be humorous rather than malicious. The crossword solution for this term is 'ROAST, ' which is a five-letter word that describes the practice of insulting someone in a humorous way.