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What is an oligarchy?

What is an oligarchy? Here are some definitions.

Noun
  1. A government run by only a few, often the wealthy.
  2. Those who make up an oligarchic government.
  3. A state ruled by such a government.
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As you all know, General Fabyein has made plans to abolish the oligarchy and take control of Hilajinn.
Yet far worse, this self-electing oligarchy, largely consisting of senior owners, military types and their hangers-on, seem fatally compromised.
Team Progressives is trying to take over the UNC, which will mean the parasitic oligarchy will take control.
We are turning back toward an oligarchy that this country should never have.
We must break the present supranational controls over nation-states, by the financial oligarchy.
The leaders of the party and its principal organizations now formed a new oligarchy of privileged citizens.

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