Etymology
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status (n.)

1670s, "height" of a situation or condition, later "legal standing of a person" (1791), from Latin status "condition, position, state, manner, attitude," from past participle stem of stare "to stand," from PIE *ste-tu-, from root *sta- "to stand, make or be firm." Sense of "standing in one's society or profession" is from 1820. Status symbol first recorded 1955; status-seeker from 1956. Status-anxiety is from 1959.

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Definitions of status

status (n.)
the relative position or standing of things or especially persons in a society;
the novel attained the status of a classic
he had the status of a minor
Synonyms: position
status (n.)
a state at a particular time;
the current status of the arms negotiations
Synonyms: condition
From wordnet.princeton.edu