democracy /dĭ-mŏk′rə-sē/ noun

Government by the people, exercised either directly or through elected representatives. 

A political or social unit that has such a government.

The common people, considered as the primary source of political power.

Majority rule.

The principles of social equality and respect for the individual within a community.

Government by the people; a form of government in which the supreme power is retained and directly exercised by the people.

Government by popular representation; a form of government in which the supreme power is retained by the people

Collectively, the people, regarded as the source of government.

The principles and policy of the Democratic party, so called.

republic /rĭ-pŭb′lĭk/ noun

A political order whose head of state is not a monarch and in modern times is usually a president.

A nation that has such a political order.

A political order in which the supreme power lies in a body of citizens who are entitled to vote for officers and representatives responsible to them.

A specific republican government of a nation. "the Fourth Republic of France."

An autonomous or partially autonomous political and territorial unit belonging to a sovereign federation. (Read:federation of states)

A group of people working as equals in the same sphere or field. "the republic of letters."

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