Fatcats

Part of speech: noun

Definitions

1. A colloquial term for wealthy individuals or corporate executives who accumulate excessive wealth and privileges through their positions
2. Refers to affluent people, especially those perceived as having undue influence in politics or business due to their financial power
3. Describes those in powerful positions who benefit significantly from their wealth, often in a manner viewed as extravagant or self-serving

Etymology: "Fatcats" is simply the plural of "fatcat," so the history lies in the singular. The compound combines "fat," in its old sense of rich or prosperous, with "cat," a familiar animal name that in this case signals a sleek, well-fed creature lounging in comfort. Together they describe a person who has grown rich by sitting comfortably in a position of power rather than by doing much visible work. The image of a plump, contented cat sums up the idea neatly: the fatcat is well supplied, unbothered, and seemingly untroubled by the labour of those beneath him. The plural simply applies that picture to a whole group of such people, often used when criticising executives or officials who collect large rewards while others struggle.

Synonyms: wealthy, affluent

Antonyms: poor, destitute