prestige

/presˈtiːʒ/ noun [U]

Definition

› respect or admiration that is given to someone or something, usually because of the reputation that they have for high quality, success, or social influence: The company has gained international prestige in recent years. the prestige of working for a top Wall Street firmlow/high prestige a gold credit card with high prestigeenjoy/gain prestige Many of these companies enjoy prestige outside their own countries.have/lack prestige The brand lacked prestige and had poor name recognition.

(Definition of prestige noun from the Cambridge Business English Dictionary © Cambridge University Press)