Baronet n. : A dignity or degree of honor next below a baron and above a knight, having precedency of all orders of knights except those of the Garter. It is the lowest degree of honor that is hereditary. The baronets are commoners.

Example:
What are the ranks of baron, Baronet, earl, duke, knight, marquis, viscount?

Taxonomy
baronet, baronetcies, 1st Bt, baronetcy, South Africa, 1st Baronet, badge, Lady, holder, creations, mining, Sir John, India, peerage, rank, Daisy, abbreviation, honour.

Defination from the web:
baronet (traditional abbreviation Bart, modern abbreviation Bt) or the rare female equivalent, a baronetess (abbreviation Btss), is the holder ... A baronet is styled "Sir", but a baronetcy is not considered an order of knighthood. ...