celebrate vs honour

celebrate is not a noun while honour is a noun.

Word	Noun	Adjective	Verb	Adverb
celebrate	No	No	Yes	No
honour	Yes	No	Yes	No

As verbs, honour is a hypernym of celebrate; that is, honour is a word with a broader meaning than celebrate:

Other hypernyms of celebrate include abide by, honor, observe, respect.

celebrate (noun)	honour (noun)
	the quality of being honorable and having a good name
	a woman's virtue or chastity
	a tangible symbol signifying approval or distinction
	the state of being honored

celebrate (verb)	honour (verb)
have a celebration	accept as pay
behave as expected during of holidays or rites	bestow honor or rewards upon
assign great social importance to	show respect towards