Oligarchy n. : A form of government in which the supreme power is placed in the hands of a few persons; also, those who form the ruling few.

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Taxonomy
oligarchy, Iron law of oligarchy, rule, free encyclopedia, Forms of government, wealth, government, aristocracy, monarchy, society, English society, Ancient Greece, power-sharing, whites, military, Greek words, Modern democracy, titles of nobility.

Defination from the web:
Oligarchy (Greek Ὀλιγαρχία, Oligarkhía) (oligocracy) is a form of government in which power effectively rests with a small elite segment of ... A modern example of oligarchy could be seen in South Africa during the 20th century. ...