1561, from L.L. aristocratia, from Gk. aristokratia "government, rule of the best," from aristos "best" (originally "most fitting," from PIE *ar-isto-, superlative form of *ar- "to fit together") + kratos "rule, power" (see -cracy). At first in a literal sense; meaning "rule by a privileged class (best-born or best-favored by fortune)" is from 1577 and became paramount 17c. Hence, the meaning "patrician order" (1651); and aristocratic "grand, stylish" (1845). In early use contrasted with monarchy; after Fr. and Amer. revolutions, with democracy.Aristocrat first recorded 1789, from Fr. aristocrate.
A privileged, primarily hereditary ruling class, or a form of government controlled by such an elite.
Note: Traditionally, the disproportionate concentration of wealth, social status, and political influence in the aristocracy has been resented by the middle class and lower class.
Ar`is*toc"ra*cy\, n.; pl. Aristocracies. [Gr. ?; ? best + ? to be strong, to rule, ? strength; ? is perh. from the same root as E. arm, and orig. meant fitting: cf. F. aristocratie. See Arm, and Create, which is related to Gr. ?.]1. Government by the best citizens. 2. A ruling body composed of the best citizens. [Obs.] In the Senate Right not our quest in this, I will protest them To all the world, no aristocracy. --B. Jonson. 3. A form a government, in which the supreme power is vested in the principal persons of a state, or in a privileged order; an oligarchy. The aristocracy of Venice hath admitted so many abuses, trough the degeneracy of the nobles, that the period of its duration seems approach. --Swift. 4. The nobles or chief persons in a state; a privileged class or patrician order; (in a popular use) those who are regarded as superior to the rest of the community, as in rank, fortune, or intellect.