A baronet is a member of the lowest hereditary title in the British peerage system.
Baronets rank below barons, but above knights. The title is hereditary and typically passed down through male lineage. It is a title of honor and does not grant membership in the House of Lords, and a baronet does not use the prefix 'Sir', but does get the suffix 'Bart' after their name.
Historically, baronetcies were often created to raise funds for the Crown. The baronetcy system continues to exist today, although the creation of new baronets is rare. Their status is a mark of social prestige and represents a long-standing family history within British society.
BART