Meaning of “democracy” in the English Dictionary

"democracy" in British English

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democracynoun

uk /dɪˈmɒk.rə.si/ us /-ˈmɑː.krə-/

B2 [ U ] the belief in freedom and equality between people, or a system of government based on this belief, in which power is either held by elected representatives or directly by the people themselves:

The government has promised to uphold the principles of democracy.
The early 1990s saw the spread of democracy in Eastern Europe.

B2 [ C ] a country in which power is held by elected representatives:

Few of the Western democracies still have a royal family.

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(Definition of “democracy” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"democracy" in American English

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democracynoun [ C/U ]

us /dɪˈmɑk·rə·si/

politics & government the belief in freedom and equality between people, or a system of government based on this belief, in which power is either held by elected representatives or directly by the people themselves

politics & government A democracy is a country in which power is held by elected representatives.

(Definition of “democracy” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"democracy" in Business English

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democracynoun

uk /dɪˈmɒkrəsi/ us

[ U ] WORKPLACE, MANAGEMENT a situation, system, or organization in which everyone has equal rights and opportunities, and can help make decisions:

corporate democracy
shareholder democracy

[ U ] POLITICS the belief that everyone in a country has the right to express their opinions, and that power should be held by people who are elected, or a system of government based on this belief:

The country was celebrating its return to democracy.

[ C ] POLITICS a country in which power is held by people who are elected:

It is now a stable, well-governed democracy.

(Definition of “democracy” from the Cambridge Business English Dictionary © Cambridge University Press)