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A republic (Latin: res publica, meaning "public affair") is a form of government in which "power is held by the people and their elected representatives". In republics, the country is considered a "public matter", not the private concern or property of the rulers. The primary positions of power within a republic are attained through democracy or a mix of democracy with oligarchy or autocracy rather than being unalterably occupied by any given family lineage or group. With modern republicanism, it has become the opposing form of government to a monarchy and therefore a modern republic has no monarch as head of state.
As of 2017[update], 159 of the world's 206 sovereign states use the word "republic" as part of their official names. Not all of these are republics in the sense of having elected governments, nor is the word "republic" used in the names of all states with elected governments.
The word republic comes from the Latin term res publica, which literally means "public thing", "public matter", or "public affair" and was used to refer to the state as a whole. The term developed its modern meaning in reference to the constitution of the ancient Roman Republic, lasting from the overthrow of the kings in 509 BC to the establishment of the Empire in 27 BC. This constitution was characterized by a Senate composed of wealthy aristocrats wielding significant influence; several popular assemblies of all free citizens, possessing the power to elect magistrates and pass laws; and a series of magistracies with varying types of civil and political authority.
Most often a republic is a single sovereign state, but there are also sub-sovereign state entities that are referred to as republics, or that have governments that are described as republican in nature. For instance, Article IV of the United States Constitution "guarantee[s] to every State in this Union a Republican form of Government". Another example was the Soviet Union, which described itself as being a federation of "Soviet Socialist Republics", in reference to the 15 individually federal, multinational, top-level subdivisions or republics. The Russian Federation is a state that is composed partly of several republics.
A republic, according to the modern usage of the word, signifies a political community which is not under monarchical government ... in which one person does not possess the entire sovereign power.
a government having a chief of state who is not a monarch ... a government in which supreme power resides in a body of citizens entitled to vote and is exercised by elected officers and representatives responsible to them and governing according to law
a state in which the supreme power rests in the body of citizens entitled to vote and is exercised by representatives chosen directly or indirectly by them. ... a state in which the head of government is not a monarch or other hereditary head of state.