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Definition of oligarchy noun from the Oxford Advanced Learner's Dictionary

oligarchy

noun
 
/ˈɒlɪɡɑːki/
 
/ˈɑːləɡɑːrki/,
 
/ˈəʊləɡɑːrki/
(plural oligarchies)
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  1. [uncountable] a form of government in which only a small group of people hold all the powerTopics Politicsc2
  2. [countable + singular or plural verb] the people who hold power in an oligarchy
    • The oligarchy holds/hold all the power.
  3. [countable] a country governed by an oligarchy
  4. Word Originlate 15th cent.: from Greek oligarkhia, from oligoi ‘few’ and arkhein ‘to rule’.
See oligarchy in the Oxford Advanced American Dictionary
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