PoliticsAugust 24, 2026

moneybags

MUN-ee-bagz

Definition

Wealthy, influential people, especially those who use their financial resources to exert power or control over political processes and other individuals.

Etymology

Originating in the 17th century, the term is a literal reference to a bag used to carry or store large amounts of money. It evolved into a pejorative nickname for someone identified primarily by their wealth or greedy nature.

In the news

The article uses the term to describe wealthy political elites who use their money to subvert the will of the people and control the outcomes of elections. It highlights the struggle against these figures to ensure a fair, candidate-focused democratic process.

Osun And The Choice Of A Dancing Governor

Read the full article ↗

Independent Newspaper Nigeria

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