cov ‧ et /ˈkʌvət, ˈkʌvɪt/ BrE AmE verb [transitive] formal
[ Date: 1200-1300 ; Language: Old French ; Origin: coveitier , from coveitié 'desire' , from Latin cupiditas ; ⇨ ↑ cupidity ]
to have a very strong desire to have something that someone else has:
The Michelin Awards are coveted by restaurants all over the world.