re·pub·lic
rəˈpəblik/
noun
noun: republic; plural noun: republics
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a state in which supreme power is held by the people and their elected representatives, and which has an elected or nominated president rather than a monarch.
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archaica group with a certain equality between its members.
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Origin
late 16th century: from French république, from Latin respublica, from res ‘entity, concern’ + publicus ‘of the people, public.’
July 28, 2016 at 10:52 am
Oligarchy
noun: oligarchy; plural noun: oligarchies
a small group of people having control of a country, organization, or institution