oligarchy

noun ol·i·gar·chy \ˈä-lə-ˌgär-kē, ˈō-\

: a country, business, etc., that is controlled by a small group of people

: the people that control a country, business, etc.

: government or control by a small group of people

plural ol·i·gar·chies

Full Definition of OLIGARCHY

: government by the few

: a government in which a small group exercises control especially for corrupt and selfish purposes; also : a group exercising such control

: an organization under oligarchic control

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