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English definition of “ladyship”

ladyship

noun uk   /ˈleɪ.di.ʃɪp/ formal us  
her/your ladyship a polite way of referring to or talking to a woman or girl who has the rank of a peer or knight without using her title: We are honoured to welcome your ladyship (= you) here tonight.
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(Definition of ladyship from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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