[ɒlɪˈɡɑːrkɪk]

Definitions

1. adjective

relating to or characteristic of an oligarchy, especially in politics or government

“The oligarchic system of governance had been criticized for its lack of transparency and accountability.”

2. noun

a system of government by a small group of people, especially those holding power or wealth

“The country’s oligarchic regime was seen as undemocratic and oppressive.”