Meaning of well-beloved

well-be•lov•ed

Pronunciation: (wel'bi-luv'id, -luvd'), [key]
— adj.
  1. loved deeply and sincerely: my well-beloved fiancé.
  2. highly respected and honored: our well-beloved speaker.
—n.
  1. a person who is loved dearly: in respect for the well-beloved.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.