lootocracy

English

Etymology

Blend of loot +‎ plutocracy, or pluto- +‎ -cracy.

Noun

lootocracy (usually uncountable, plural lootocracies)

1. (derogatory) A corrupt political system in which the elite fraudulently help themselves to money or resources intended for other purposes.

Related terms

• lootocrat
• lootocratic

See also

• kleptocracy