Gloss: n. a powerful person who is rich but not extravagantly so.
Note: From mini ‘small’ plus -garch from a misdivision of oligarch, which comes from the Greek oligoi ‘few’ and arkhein ‘to rule.’
Part of Speech: n.
Quotation: One man bought everything. We call him a minigarch (as opposed to an oligarch) because his annual income is only $50m (£25.3m).
Author:
Andrew Osborn
Publishing Location:
United Kingdom
Dateline:
Moscow
Date of Publication:
Dec. 6, 2006
This catchword has yet to be researched.