[sov-rin, sov-er-in, suhv-]
a monarch; a king, queen, or other supreme ruler.
a person who has supreme power or authority.
a group or body of persons or a state having sovereign authority.
a gold coin of the United Kingdom, equal to one pound sterling: went out of circulation after 1914.
belonging to or characteristic of a sovereign or sovereign authority; royal.
having supreme rank, power, or authority.
supreme; preeminent; indisputable: a sovereign right.
greatest in degree; utmost or extreme.
being above all others in character, importance, excellence, etc.
efficacious; potent: a sovereign remedy.

1250–1300; Middle English soverain (alteration by influence of reign) < Old French soverain < Vulgar Latin *superānus, equivalent to Latin super- super- + -ānus -an

sovereignly, adverb
nonsovereign, noun, adjective
nonsovereignly, adverb
quasi-sovereign, adjective
subsovereign, noun, adjective
supersovereign, adjective, noun
undersovereign, noun
unsovereign, adjective

1. emperor, empress, potentate. 3. government. 5. regal, majestic, imperial, princely, monarchical, kingly, queenly. 7. chief, paramount, principal, predominant. 10. effective, effectual. Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
sovereign (ˈsɒvrɪn)
1.  a person exercising supreme authority, esp a monarch
2.  a former British gold coin worth one pound sterling
3.  supreme in rank or authority: a sovereign lord
4.  excellent or outstanding: a sovereign remedy
5.  of, relating to, or characteristic of a sovereign
6.  independent of outside authority: a sovereign state
[C13: from Old French soverain, from Vulgar Latin superānus (unattested), from Latin super above; also influenced by reign]

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

late 13c., from O.Fr. soverain, from V.L. *superanus "chief, principal," from L. super "over" (see super-). Spelling influenced by folk-etymology association with reign. Milton spelled it sovran, as though from It. sovrano. Meaning "gold coin worth 22s 6d" first recorded
1490s; value changed 1817 to 1 pound. As an adj., attested from early 14c.; of remedies or medicines, "potent in a high degree," from late 14c.
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences
Governments getting loans from sovereign funds only makes the debt situation
Perhaps that s why their governments sovereign funds are buying huge tracts of
  productive land in the tropics for food.
Insufficient measures to permit an escape from the adverse feedback loop
  between sovereign debt and bank debt.
Or use strategic partnerships and sovereign relationships to that.
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