Looking for the meaning or definition of the word oligarchy? That's all it means.
a territory or group that is controlled by only a few individuals
oligarchy(noun)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"; "the big cities were notoriously in the hands of the oligarchy of local businessmen"
a small group of people who exercise control over a country, business, etc.Critics complain that the government is now dominated by an oligarchy of wealthy businesspeople.
government that is controlled by a small group of peopleThe nation was an oligarchy with election results manipulated to maintain a permanent ruling class.
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