Source : WordNet®

elite
     n : a group or class of persons enjoying superior intellectual
         or social or economic status [syn: {elite group}]

elite
     adj : selected as the best; "an elect circle of artists"; "elite
           colleges" [syn: {elect}]

Source : Free On-Line Dictionary of Computing

elite
     
        1.  A term used to describe skilled {crackers} or
        {hackers}, or their deeds.  In the last sense, compare to
        {elegant}.
     
        The term is also used to describe exclusive forums ({ftp}
        sites, {BBS}s) used for trading pirated software, {crack}ing
        tools, or {phreaking} codes.
     
        (1997-01-31)