honoredinstitution
nounUK /ˈɒnəd ˌɪnstɪˈtjuːʃən/
US /ˈɑːnərd ˌɪnstɪˈtuːʃən/
A place or group that people respect and trust a lot.
The old library is an honored institution in our town.
RELATED WORDS
OTHER MEANINGS
2. A school or charity that has served the community for a very long time.
The hospital is an honored institution that has helped families for a hundred years.
3. A group, like a club or bank, that people look up to and count on.
Everyone in the village trusts the honored institution to keep their savings safe.
4. A custom or practice that people have followed and valued for many years.
Sharing a meal on holidays is an honored institution in their family.