Pick of the Spanish, Italian, and English (5)
I believe the answer is:
Here is my best explanation:
'pick' is the definition.
'the spanish italian and english' is the subsidiary indication.
'the spanish' becomes 'el' (**).
'italian' becomes 'it'.
'and' means one lot of letters go next to another.
'english' becomes 'e' (abbreviation).
'of' is the link.
(Other definitions for elite that I've seen before include "12 letters = 1 inch (type)", "Superior group in society", "A privileged class of people", "Identified as the best", "Choice group", "Selected as the best", "The cream", "Select part", "Exclusive set" and "Privileged or posh group".)