meritocracy
(mĕrˌĭ-tŏkˈrə-sē)
noun pl. mer·i·toc·ra·cies - A system in which advancement is based on individual ability or achievement.
a. A group of leaders or officeholders selected on the basis of individual ability or achievement.
b. Leadership by such a group.
Related Forms:
- merˈit·o·cratˌ (-ĭ-tə-krătˌ) noun
- merˌit·o·cratˈic adjective
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