Meaning of timocracy

ti•moc•ra•cy

Pronunciation: (tī-mok'ru-sē), [key]
— pl. -cies.
  1. a form of government in which love of honor is the dominant motive of the rulers.
  2. a form of government in which a certain amount of property is requisite as a qualification for office.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.