What does Boxing Day have to do with boxing?
1580s, from Middle French tymocracie, from Medieval Latin timocratia (13c.), from Greek timokratia, from time "honor, worth" (related to tiein "to place a value on, to honor") + -kratia "rule" (see -cracy). In Plato's philosophy, a form of government in which ambition for power and glory motivates the rulers (as in Sparta). In Aristotle, a form of government in which political power is in direct proportion to property ownership.