oligarchy
/ˈɑlɪˌɡɑɹki/ noun C2- A government run by and for only a few, often the aristocracy, the wealthy, or their friends and associates.
- A state ruled by such a government.
- Those who make up an oligarchic government. · The modern British oligarchy—particularly during periods of Tory rule—has been called a chumocracy.
Plural oligarchies
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