meritocracy: Meaning and Definition of
Pronunciation: (mer"i-tok'ru-sē), [key]
— pl. -cies.
- an elite group of people whose progress is based on ability and talent rather than on class privilege or wealth.
- a system in which such persons are rewarded and advanced: The dean believes the educational system should be a meritocracy.
- leadership by able and talented persons.
- meritocracy (Thesaurus)