Poet's Honor is a term used to describe the highest level of recognition for poets. It is often symbolized by a LAUREL wreath, which is why the crossword solution is 'LAUREL'. The LAUREL wreath is an ancient symbol of victory and honor, and has been used to recognize poets since ancient Greece. It is a sign of respect and admiration for the poet's work, and is a way to show appreciation for their contribution to literature.