Name (8034 Strong's Exhaustive Concordance - Hebrew) shem (shame): by implication honor, authority, character
LORD (3068) Yehovah (yeh-ho-vaw): Self-Existent or eternal; Jewish national name of God; Jehovah the Lord
Praised (1984) halal (haw-lal): Make a show to praise, give thanks, cheer, extol, to make one's boast (in the name of God)
I like the definition to "name." In essence, the name - the honor, the authority, the character of the LORD is to be praised. No matter what we are going through - good times or bad - we are to praise:
- His honor: He will not do anything or have us do anything that will bring dishonor to His name
- His authority: He is God - creator of Heaven and Earth. He is our creator
- His character: He has so many facets to His character - provider, healer, banner, shepherd (just to name a few)
I also believe a good starting place is to know the many names of the LORD. Recently, some friends and I finished studying Kay Arthur's book LORD, I Want to Know You. In this book, Arthur explains the names of the LORD. This study reminded me of the many characteristics of our LORD. He is our Creator, Healer, Shepherd, Provider, and so many other things. Understanding these different aspects of God's character has made my praise, worship, and prayers more intimate. I not only praise Him as God, but I also praise Him as the LORD who is there (Jehovah-shammah) or the LORD who sanctifies me (Jehovah-mekkodishkem).
We need to praise God, not only for what He has done for us, but because of who He is. Whether we are experiencing great or painful times, scary or silly moments, the name of the LORD should be praised.