commemorates|commemorated|commemoratingkə'meməreɪt verb +mark by some ceremony or observation +call to remembrance; keep alive the memory of someone or something, as in a ceremony +be or provide a memorial to a person or an event
memorialize, remember, celebrate, observe, dedicate, consecrate, solemnize, sanctify, hallow, reverence, revere, honour, venerate, pay tribute or homage to, salute; immortalize:
We are here to commemorate deeds of valour and the men who performed them.
Advanced English Dictionary
+verb [VN] to remind people of an important person or event from the past with a special action or object; to exist to remind people of a person or an event from the past: A series of movies will be shown to commemorate the 30th anniversary of his death. + Many of the people and places in the book have been commemorated in the names of streets. + A plaque commemorates the battle.