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Adjective: time-honored  'tIm,ó-nurd
Usage: US (elsewhere: time-honoured)
  1. Acceptable for a long time, or having a long history
    "time-honored customs";
    - time-honoured [Brit, Cdn]
     
  2. Honored because of age or long usage
    "time-honored institutions";
    - time-honoured [Brit, Cdn]

See also: honorable [US], honourable [Brit, Cdn], reputable

Encyclopedia: Time-honored