Also found in: Dictionary, Thesaurus, Legal, Financial, Wikipedia.
A disparaging term for a rich and powerful person. The voters were tired of all the fat cats running for political office. They wanted someone who understood the plight of the middle class.
Fig. someone who is ostentatiously and smugly wealthy. I like to watch the fat cats go by in their BMWs. I'm no fat cat. I can't even pay my normal bills!
A wealthy and privileged person, as in This neighborhood, with its million-dollar estates, is full of fat cats. This term originally meant "a rich contributor to a political campaign," and while this usage persists, it now is often applied more broadly, as in the example. [Colloquial; 1920s]
a fat cat
COMMON You call a businessperson or politician a fat cat when you disapprove of the way they use their wealth and power because it seems unfair or wrong to you. These fat cats of commerce make huge profits out of the public. Yet again privatisation benefits City fat cats at the expense of the customer. Note: You can also use fat cat before a noun. The taxpayer will be left to pay while the fat cat businessmen get the cream of Britain's rail services. He promised to end fat-cat salaries for union bosses and increase worker wages.