Which term best describes the process of remembering or honoring the memory of something?

The term that best describes the process of remembering or honoring the memory of something is "commemorating." This word specifically refers to recognizing and paying tribute to significant people, events, or experiences, often through ceremonies or activities designed to keep their memory alive. For instance, ceremonies on memorial days or anniversaries are meant to commemorate individuals or significant historical events.

The other choices do not convey the idea of honoring memory. "Neglecting" implies a lack of attention or care, which is the opposite of remembering. "Forgetting" clearly indicates the failure to remember, and "overlooking" suggests ignoring or failing to notice something important. In contrast, "commemorating" encapsulates the act of intentionally honoring and recalling meaningful experiences or individuals, making it the most appropriate choice.