Correct

老爷

/ lǎoye / 
Strokes

Definition

(respectful) lord/master/(coll.) maternal grandfather

Example

As a Noun

bureaucrat; lord

1
Zhèngfǔ
政府
guānyuán
官员
yìng
应
shì
是
rénmín
人民
de
的
qínwùyuán
勤务员
  
,
ér
而
bù
不
yìng
应
shì
是
rénmín
人民
de
的
lǎoye
老爷
  
。

Government officials should be servants for the people, not lords over the people.

2
Zuòguān
做官
dāng
当
lǎoye
老爷

(of officials) behave/act like a lord/bureaucrat

As a Noun

[used by a domestic servant] lord; master

As a Noun

old/old-fashioned thing