oligarchy

/หˆษ’lษชหŒษกษ‘หki/

IPA: /AA1 L AH0 G AA0 R K IY0/

noun
  1. 1

    A government run by only a few, often the wealthy.

  2. 2

    Those who make up an oligarchic government.

  3. 3

    A state ruled by such a government.

Source: https://en.wiktionary.org/wiki/oligarchy