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Aristocracy

n. pl. Aristocracies ().
  1. Government by the best citizens.
  2. A ruling body composed of the best citizens.
  3. A form a government, in which the supreme power is vested in the principal persons of a state, or in a privileged order; an oligarchy.
  4. The nobles or chief persons in a state; a privileged class or patrician order; (in a popular use) those who are regarded as superior to the rest of the community, as in rank, fortune, or intellect.