The term 'peeress' is exclusively used for females in the context of British nobility. Upon her marriage to the earl, she became a peeress.
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Noble Ranks
'Peeress' refers to various noble ranks such as duchesses, countesses, and baronesses. The peeress attended the royal banquet with other members of high society.
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Hereditary or Earned
Peeresses sometimes inherit their title, but it can also be granted for special achievements. She didn't inherit the title; she was named a peeress after her extensive diplomatic service.