/ Dictionary / Index M merit pay: Meaning and Definition of Find definitions for: mer'it pay" Pronunciation: [key] an additional sum paid to an employee, as a schoolteacher, whose work is superior and whose services are valued. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease. meritorious merit system Related Content Daily Word Quiz: clairvoyant Analogy of the Day: Today’s Analogy Spelling Bee: Today’s Spelling Bee Frequently Misspelled Words Frequently Mispronounced Words Easily Confused Words Writing & Language