Definition of meritocracy
noun (plural meritocracies)
[mass noun] government or the holding of power by people selected according to merit: progress towards meritocracy was slow [count noun] a society governed by people selected according to merit: Britain is a meritocracy, and everyone with skill and imagination may aspire to reach the highest level [count noun] a ruling or influential class of educated or able people: the relentless advance of the meritocracy