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magnateship

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mag⋅nate

[mag-neyt, -nit]
–noun
1. a person of great influence, importance, or standing in a particular enterprise, field of business, etc.: a railroad magnate.
2. a person of eminence or distinction in any field: literary magnates.
3. a member of the former upper house in either the Polish or Hungarian parliament.

Origin:
1400–50; back formation from ME magnates (pl.) < LL magnātēs leading people, equiv. to L magn(us) magn- + -ātēs, pl. of -ās n. suffix


mag⋅nate⋅ship, noun
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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