time-hon·ored

[tahym-on-erd]
adjective
revered or respected because of antiquity and long continuance: a time-honored custom.
Also, especially British, time-hon·oured.


Origin:
1585–95

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Based on the Random House Dictionary, © Random House, Inc. 2013.
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WordNet
time-honored

adjective
1. acceptable for a long time; "time-honored customs" 
2. honored because of age or long usage; "time-honored institutions" 
WordNet® 3.0, © 2006 by Princeton University.
Cite This Source
00:10
Time-honored is always a great word to know.
So is quincunx. Does it mean:
an arrangement of five objects, as trees, in a square or rectangle, one at each corner and one in the middle.
a scrap or morsel of food left at a meal.
Example sentences
It has broken the time-honored tradition of physical and yet impotent football
  in favor of beauty, elegance and efficacy.
Peters' specialty is the time-honored technique of affectionately observing
  cultural differences.
Counting things out on fingers is a time-honored tradition.
The rest of the casting, in time-honored disaster-movie style, is
  entertainingly familiar.
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