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Adjective: time-honoured  'tIm,ón-u(r)d
Usage: Brit, Cdn (US: time-honored)
  1. Acceptable for a long time, or having a long history
    "time-honoured customs";
    - time-honored [US]
     
  2. Honoured because of age or long usage
    "time-honoured institutions";
    - time-honored [US]

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

Encyclopedia: Time-honoured