verb (used with object)
to regard highly or favorably; regard with respect or admiration: I esteem him for his honesty.
to consider as of a certain value or of a certain type; regard: I esteem it worthless.
Obsolete. to set a value on; appraise.
favorable opinion or judgment; respect or regard: to hold a person in esteem.
Archaic. opinion or judgment; estimation; valuation.

1400–50; late Middle English estemen, < Middle French estimer < Latin aestimāre to fix the value of

preesteem, verb (used with object)
unesteemed, adjective
well-esteemed, adjective

1. honor, revere, respect. See appreciate. 4. favor, admiration, honor, reverence, veneration. See respect.

1. disdain. Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
esteem (ɪˈstiːm)
1.  to have great respect or high regard for: to esteem a colleague
2.  formal to judge or consider; deem: to esteem an idea improper
3.  high regard or respect; good opinion
4.  archaic judgment; opinion
[C15: from Old French estimer, from Latin aestimāreestimate]

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Word Origin & History

mid-15c., from M.Fr. estimer, from L. aestimare "to value, appraise," perhaps ult. from *ais-temos "one who cuts copper," i.e. mints money. At first used as we would now use estimate; sense of "value, respect" is 1530s. Related: Esteemed; esteeming.
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences
We mourn the loss of our esteemed member and extend heartfelt condolences to
  her family.
We'll be live-blogging the speech here, with the help of our esteemed
It is identical in texture and has a cleaner, more esteemed flavor than its
  wild counterpart.
Click here for photos of some of the esteemed members.
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