Crown Jewels Definition

noun
The jewelry and the emblems of office, such as the crown and scepter, that are worn or carried by the sovereign of a country on state occasions.
Webster's New World
The best or most valuable part of a whole or member of a group.
Webster's New World
(literally) The jewelry that accompany the office of rulership in a monarchy. I.e., crown, scepter, signet ring, etc.
The crown jewels in the United Kingdom are heavily guarded and anyone trying to steal them will certainly have a hard time.
Wiktionary
Wiktionary

A part of a company sought by another in a hostile takeover.

Wiktionary
pronoun

The historic royal regalia of a state; those of the United Kingdom (the orb, sceptre, swords and crowns etc) are held in the Tower of London.

Wiktionary

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crown jewels