Vip (noun)

1. A person who is accorded special privileges due to their status or importance.
2. A person who is famous or important in a particular field.

Origin:

An acronym of the phrase "very important person".

Examples:

1. He was treated like a VIP and given a tour of the factory.
2. The VIP guests were seated in the front row of the concert.
3. She was treated as a VIP and was given a complimentary room upgrade.
4. The VIP section at the club is only for celebrities and high-profile guests.
5. The company treated the visiting dignitaries as VIPs.