Pronunciation: (mer"i-tok'ru-sē), [key]
1. an elite group of people whose progress is based on ability and talent rather than on class privilege or wealth.
2. a system in which such persons are rewarded and advanced: The dean believes the educational system should be a meritocracy.
3. leadership by able and talented persons.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.