uvažavati

1. to respect; to value
   Uvažavam vaše mišljenje, ali se ne slažem. — I respect your opinion, but I don't agree.
   Kolege ga mnogo uvažavaju. — His colleagues hold him in high regard.
2. (of a request, arguments) to take into account; to acknowledge
   Uprava ne uvažava naše zahteve. — The management doesn't take our demands into account.

Takes the accusative (uvažavati koga/što); the perfective is uvažiti.