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Nobility is a government-privileged title which may be either hereditary (see hereditary titles) or for a lifetime. Titles of nobility exist today in many countries although it is usually associated with present or former monarchies. The term originally referred to those who were "known" or "notable" and was applied to the highest social class in pre-modern societies. In the feudal system (in Europe and elsewhere), the nobility were generally those who held a fief, often land or office, under vassalage, i.e., in exchange for allegiance and various, mainly military, services to the Monarch and at lower levels to another nobleman. It rapidly came to be seen as a hereditary caste, sometimes associated with a right to bear a hereditary title and, for example in pre-revolutionary France, enjoying fiscal and other privileges. Today, in most Western countries, "noble status" is a purely honorary dignity that confers no legal privileges; an important exception is the United Kingdom, where certain titles - titles of the peerage, until recently, guaranteed a seat in the Upper House of the UK Parliament; hence its name, House of Lords - still confer some residual privileges.

Nobility is a historical, social and often legal notion, which should not be confused with socio-economic status which is mainly statistical based on income and possessions. Being wealthy or influential does not automatically make one a noble, nor are all nobles wealthy and influential (aristocratic families have lost their fortunes in various ways, and the concept of the 'poor nobleman' is almost as old as nobility itself).

Countries without a feudal tradition do not have a nobility as such. Various republics, including the United States and Italy have expressly abolished titles of nobility. Although many such societies have a privileged 'upper class' with great wealth and power, this does not entail a separate legal status, or different forms of address.

The nobility of a person might be either inherited or earned. Nobility in its most general and strict sense is an acknowledged preeminence that is hereditary i.e., legitimate descendants (or all male descendants, in some societies) of nobles are nobles, unless explicitly stripped of the privilege. In this respect, nobility is distinguished from the peerage the latter can be passed to only a single member of the family. The terms aristocrat and aristocracy are a less formal means to refer to persons belonging to this social milieu. Those lacking a distinct title, such as junior siblings of peers (and perhaps even the children of 'self-made' VIPs) may be considered aristocrats, moving within a small social circle at the apex of a hierarchical social pyramid.

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