A mixture of respected and
classy.
This commonly refers to a person. In a conversation, this person can be described as
classy (stylish and sophisticated), and highly respected, and held in high regard by the people around said person's environment e.g. (co-workers, partners,
society).
"Yeah I know
right? He's so rassy, that's why he always gets
free entrances!" or, "This is our
boss. A very rassy person."