Definitions of elect:

• noun:   an exclusive group of people

  Example: "One of the elect who have power inside the government"

• verb:   select by a vote for an office or membership

  Example: "We elected him chairman of the board"

• verb:   choose

  Example: "I elected to have my funds deposited automatically"

• adjective:   selected as the best

  Example: "An elect circle of artists"