oligarchy

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oli|gar|chy /'ɒlɪgɑːrki/ (oligarchies)
1 [N-COUNT]
An oligarchy is a small group of people who control and run a particular country or organization. You can also refer to a country which is governed in this way as an oligarchy.
2 [N-UNCOUNT]
Oligarchy is a situation in which a country or organization is run by an oligarchy.
...a protest against imperialism and oligarchy in the region.

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