oligarchy oligarchy /ˈɑːləˌgɑːrki/

noun

1. A political system governed by a few people  ( oligarchy )
   a political system governed by a few people
    One of his cardinal convictions was that Britain was not run as a democracy but as an oligarchy
   one of his cardinal convictions was that Britain was not run as a democracy but as an oligarchy
    The big cities were notoriously in the hands of the oligarchy of local businessmen
   the big cities were notoriously in the hands of the oligarchy of local businessmen