plutocracy

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plutocracy /pluˈtɑːkrəsi/ noun
plural plutocracies
plutocracy
/pluˈtɑːkrəsi/
noun
plural plutocracies
Learner's definition of PLUTOCRACY
[noncount] : government by the richest people
[count] : a country that is ruled by the richest people
[count] : a group of very rich people who have a lot of power