|—n , pl -chies|
|1.||government by a small group of people|
|2.||a state or organization so governed|
|3.||a small body of individuals ruling such a state|
|4.||chiefly (US) a small clique of private citizens who exert a strong influence on government|
|[C16: via Medieval Latin from Greek oligarkhia, from olígos few + |
A system of government in which power is held by a small group.