Meritocracy(redirected from meritocracies)
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Related to meritocracies: meritocratic
A system in which the best qualified persons are rewarded for their achievements. That is, talent and hard work are rewarded in a meritocracy, rather than other factors like personal relationships or tenure. Meritocracy in a corporation may cause better results, but certain positions are still commonly kept within a family or friendship network.