Your elders and betters
Definition 1 of 1
Pro Tip 1/3Contextual Respect
Use the phrase to show deference to those older or in higher positions, especially in formal situations. 
At the family gathering, I was advised to show my grandparents they were my elders and betters.
Pro Tip 2/3Cultural Sensitivity
Understand that respect for 'elders and betters' varies across cultures but often carries weight in traditional societies. 
While studying abroad, I quickly learned to refer to my hosts as my elders and betters.
Pro Tip 3/3Generational Perspective
Be aware that some may view the phrase as outdated, implying respect is due solely to age or status. 
My teacher said, 'You may believe you know best, but remember they are your elders and betters.'