n.1 rank, social position, relation to others, relative importance (not sure of their status in the hierarchy).
2 a superior social etc. position (considering your status in the business).
3 Law a person's legal standing which determines his or her rights and duties, e.g. citizen, alien, commoner, civilian, etc.
4 the position of affairs (let me know if the status changes).
Phrases and idioms:
status symbol a possession etc. taken to indicate a person's high status.
Etymology: L, standing f. stare stand