meritocracy [ mer-i-tok-ruh-see ]
noun, plural mer·i·toc·ra·cies.
1. an elite group of people whose progress is based on ability and talent rather than on class, privilege or wealth.
2. a system in which such persons are rewarded and advanced: The dean believes the educational system should be a meritocracy.
3. leadership by able and talented persons.
OTHER WORDS FROM MERITOCRACY
mer·i·to·crat·ic [mer-i-tuh-krat-ik], adjective
Origin: First recorded in 1955–60; merit + -o- + -cracy
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