Oligarchy
[ol-i-gahr-kee] /ˈɒl ɪˌgɑr ki/
noun, plural oligarchies.
1.
a form of government in which all power is vested in a few persons or in a dominant class or clique; government by the few.
2.
a state or organization so ruled.
3.
the persons or class so ruling.
/ˈɒlɪˌɡɑːkɪ/
noun (pl) -chies
1.
government by a small group of people
2.
a state or organization so governed
3.
a small body of individuals ruling such a state
4.
(mainly US) a small clique of private citizens who exert a strong influence on government
n.
1570s, from Middle French oligarchie (14c.), from Greek oligarkhia “government by the few,” from stem of oligos “few, small, little” (see oligo-) + arkhein “to rule” (see archon).
oligarchy [(ol-uh-gahr-kee, oh-luh-gahr-kee)]
A system of government in which power is held by a small group.
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