oligarchy

UK
/ˈɒlɪɡɑːki/
US
/ˈɑlɪɡɑrki/

Translations

oligarchynoun
oligarchies
pl
UK
/ˈɒlɪɡɑːki/
US
/ˈɑlɪɡɑrki/
The country was ruled by an oligarchy of wealthy businessmen.
Страной управляла олигархия состоятельных бизнесменов.

Definitions

oligarchynoun
A form of government in which power is held by a small group of people.
The country was ruled by an oligarchy that controlled all major industries and political decisions.
A small group of people having control of a country, organization, or institution.
The corporation was run by an oligarchy of wealthy investors who made all the key decisions.