Senses
爷/ 爺 grandfather
(bound form) grandfather; a way to address male relatives of the same generation as one's grandfather, such as 姥爷 or 舅爷
爷/ 爺 sir
(bound form) a polite form of address for an older man or a man of a father's generation; in former times, a title for a master or social superior, as in 老爷 or 少爷
爷/ 爺 father
(literary, bound form) father; used in the term 爷娘