IPA: /ˈnæbɒb/
KK: /ˈnæbəb/
A person who is very wealthy and influential, often in a position of power or authority.
The local nabob donated a large sum to the community center.
Nabob originates from the Hindi word 'nāwab' (meaning a governor or nobleman), which was derived from the Persian 'naib' (meaning deputy). The term was used in British English to refer to a wealthy and influential person, particularly one who has returned from India with riches.
Think of a 'nobleman' ('nāwab') who has returned from a distant land with wealth, which helps you remember that a nabob is someone wealthy and influential.