Etymology
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gerontocracy (n.)

"rule by old men," 1830, a Latinized compound of Greek stem of geron (genitive gerontos) "old man" (from PIE root *gere- (1) "to grow old") + kratia "rule" (see -cracy). Related: Gerontocratic.

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Definitions of gerontocracy

gerontocracy (n.)
a political system governed by old men;
From wordnet.princeton.edu