This is the 9132nd most frequent Polish word.
szanowni
"Honorable" or "esteemed" (used to address a group formally).
In this sentence, "szanowni" is used as a polite address in plural to a group of people.
Szanowni Państwo, zapraszam na naszą konferencję.
Dear Ladies and Gentlemen, I invite you to our conference.
Here, "szanowni" is used to show respect when addressing the students collectively.
Szanowni uczniowie, proszę o ciszę.
Dear students, please remain quiet.
In this example, "szanowni" is applied to respectfully address the guests.