kleptocracy: Meaning and Definition of

klep•toc•ra•cy

Pronunciation: (klep-tok'ru-sē), [key]
— pl. -cies.
  1. a government or state in which those in power exploit national resources and steal; rule by a thief or thieves.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.