Dictionary![]() ![]() ol•i•gar•chyPronunciation: (ol'i-gär"kē), [key] —n., —pl. -chies. 1. a form of government in which all power is vested in a few persons or in a dominant class or clique; government by the few. 2. a state or organization so ruled. 3. the persons or class so ruling. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
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