Elite
Part of speech: adjective
Definition: Of high birth or social position; aristocratic or patrician. Representing the choicest or most select of a group
Part of speech: noun
Definition: A special group or social class of people which have a superior intellectual, social or economic status as, the elite of society. Someone who is among the best at certain task.
Example sentence: Many people in the intellectual elite are very scared of shouting. They insist on very quiet murmurs.
Selected
Part of speech: adjective
Definition: That have been selected or chosen.
Part of speech: verb
Definition: To choose one or more elements of a set, especially a set of options.
Example sentence: Most successful pundits are selected for being opinionated, because it's interesting, and the penalties for incorrect predictions are negligible. You can make predictions, and a year later people won't remember them.