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Definition of: meritocracy
(mer′ə·tok′rə·sē) noun plural ·ra·cies
1. A system or society in which talent, intellectual achievements, and excellence of performance are considered worthier of reward than race, sex, social status, or wealth.
2. The leaders produced by such a system or society.
—mer·i·to·crat (mer′ə·tə·krat′) noun
—mer·i·to·crat·ic (mer′ə·tə·krat′ik) adjective
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