ELI5: Explain Like I'm 5

Elite

"Elite" means the very best or most important people in a certain group. Imagine you have a group of toys, like your favorite dolls or action figures. Some are really special and you love them the most. Those special ones are the elite of your toy collection. In real life, the elite might be important people in politics or business who have a lot of power and influence. They might be really rich and have a lot of fancy things. But just like with your toys, not everyone can be part of the elite. It's kind of like a special club that only certain people are allowed to join.