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magnate

[mag-neyt, -nit] /ˈmæg neɪt, -nɪt/
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
1400-1450
1400-50; back formation from Middle English magnates (plural) < Late Latin magnātēs leading people, equivalent to Latin magn(us) magn- + -ātēs, plural of -ās noun suffix
Related forms
magnateship, noun
Can be confused
magnate, magnet.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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British Dictionary definitions for magnateship

magnate

/ˈmæɡneɪt; -nɪt/
noun
1.
a person of power and rank in any sphere, esp in industry
2.
(history) a great nobleman
3.
(formerly) a member of the upper chamber in certain European parliaments, as in Hungary
Derived Forms
magnateship, noun
Word Origin
C15: back formation from earlier magnates from Late Latin: great men, plural of magnās, from Latin magnus great
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word Origin and History for magnateship

magnate

n.

mid-15c., "great man, noble, man of wealth," from Late Latin magnates, plural of magnas "great person, nobleman," from Latin magnus "great, large, big" (of size), "abundant" (of quantity), "great, considerable" (of value), "strong, powerful" (of force); of persons, "elder, aged," also, figuratively, "great, mighty, grand, important," from PIE *mag-no-, from root *meg- "great" (cf. Sanskrit maha-, mahat- "great;" Greek megas, fem. megale "great, large;" Gothic mikils, Old English micel "great, big, many;" see mickle).

Online Etymology Dictionary, © 2010 Douglas Harper
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