Prestige refers to the respect and admiration that a person, organization, or brand commands based on their achievements, quality, or status. It often influences how others perceive and interact with them. High prestige can lead to increased opportunities, recognition, and influence in various fields, such as business, education, and the arts. In many cases, prestige is associated with exclusivity and excellence. For example, institutions like Harvard University or brands like Rolex are considered prestigious due to their long-standing reputations for quality and success. This perception can significantly impact consumer choices and career advancements.