: the holder of a rank of honor below a baron and above a knight
First Known Use of BARONET
baronet noun (Concise Encyclopedia)
British hereditary rank of honor, first created by James I in 1611 to raise money, ostensibly for support of troops in Ulster. The baronetage is not part of the peerage, nor is it an order of knighthood. A baronet ranks below a baron but above all knights except a Knight of the Garter (see Order of the Garter). The baronetcy is inherited by the male heirs of a baronet.
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