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English to English noun
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a political system governed by a few people |  | Example: 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
source: wordnet30
| 2 |
A form of government in which the supreme power is placed in the hands of a few persons; also, those who form the ruling few. |  | source: webster1913
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