respect vs celebrate

respect is a noun but celebrate is not a noun.

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

As verbs, celebrate is a hyponym of respect; that is, celebrate is a word with a more specific, narrower meaning than respect:

Other hyponyms of respect include lionise, lionize, tolerate.

respect (noun)	celebrate (noun)
behavior intended to please your parents
a courteous expression (by word or deed) of esteem or regard
courteous regard for people's feelings
(usually preceded by `in') a detail or point
an attitude of admiration or esteem
a feeling of friendship and esteem
the condition of being honored (esteemed or respected or well regarded)

respect (verb)	celebrate (verb)
regard highly; think much of	have a celebration
show respect towards	behave as expected during of holidays or rites
	assign great social importance to