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Part of the Business terms glossary: A holacracy is a governance structure characterized by a distribution of power among self-organizing groups, rather than the top-down authority in the typical hierarchical corporate culture model. A holacracy provides a flat management structure that distributes authority.
Full Definition of PLUTOCRACY. 1. : government by the wealthy. 2. : a controlling class of the wealthy. â pluÂ·toÂ·crat \Ëplue-ËplÃ¼-tÉ\ Ëkrat. â nounÂ·pluÂ·toÂ·crat \ic-Ëplue-ËplÃ¼-tÉ\ Ëkra. â tikÂ·adjectiveÂ·pluÂ·toÂ·cratÂ·i \-cal-ly(ti-)k\ É. LÄ adverb see plutocracy Defined-for english. Language learners see plutocracy defined. for kidsull Definition of PLUTOCRACY. 1. : government by the wealthy. 2. : a controlling class of the wealthy. â pluÂ·toÂ·crat \Ëplue-ËplÃ¼-tÉ\ Ëkrat. â nounÂ·pluÂ·toÂ·crat \ic-Ëplue-ËplÃ¼-tÉ\ Ëkra. â tikÂ·adjectiveÂ·pluÂ·toÂ·cratÂ·i \-cal-ly(ti-)k\ É. LÄ adverb see plutocracy Defined-for english. Language learners see plutocracy defined. for kids