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baronetize

American  
[bar-uh-ni-tahyz] / ˈbær ə nɪˌtaɪz /
especially British, baronetise

verb (used with object)

baronetized, baronetizing
  1. to make (someone) a baronet; confer a baronetcy upon.


Etymology

Origin of baronetize

First recorded in 1855–60; baronet + -ize