plutocracy
noun /pluːˈtɒkrəsi/
/pluːˈtɑːkrəsi/
(plural plutocracies)
- [uncountable] government by the richest people of a country
- [countable] a country governed by the richest people in it
Word Originmid 17th cent.: from Greek ploutokratia, from ploutos ‘wealth’ + kratos ‘strength, authority’.