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English definition of “fat cat”

fat cat

noun [C often plural]     disapproving
someone who has a lot of money, especially someone in charge of a company who has the power to increase their own pay: The report criticized boardroom fat cats who award themselves huge pay increases. fat cat bosses/directorsImportant people and describing important peopleFamous peopleWealthy peopleWealthy people
(Definition of fat cat noun from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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