"in a satisfactory manner," Old English wel "abundantly, very, very much; indeed, to be sure; with good reason; nearly, for the most part," from Proto-Germanic *wel- (source also of Old Saxon wela, Old Norse vel, Old Frisian wel, Dutch wel, Old High German wela, German wohl, Gothic waila "well"), from PIE root *wel- (2) "to wish, will" (source also of Sanskrit prati varam "at will," Old Church Slavonic vole "well," Welsh gwell "better," Latin velle "to wish, will," Old English willan "to wish;" see will (v.)).
Also used in Old English as an interjection and an expression of surprise. The adjective was in Old English in the sense "in good fortune, happy," from the adverb; sense of "satisfactory" is from late 14c.; "agreeable to wish or desire" is from mid-15c.; "in good health, not ailing" is from 1550s. Well-to-do "prosperous" is recorded by 1794.
1540s, "to regard, notice with especial attention," from French respecter "look back; respect; delay" (16c.), from Latin respectere, frequentative of respicere "look back at, regard, consider," from re- "back" (see re-) + specere "look at" (from PIE root *spek- "to observe").
The meaning "treat with deferential esteem, regard with some degree of reverence" is from 1550s. The sense of "refrain from injuring or interfering with" is from 1620s. The meaning "have reference to, relate to" is from 1560s. Related: Respected; respecting.
To respect the person was "show undue bias toward (or against) based on regard for the outward circumstances of a person;" hence respecter of persons, usually with negative, from Acts x:34, in the 1611 translation.