From The Collaborative International Dictionary of English v.0.48:

Nabob \Na"bob\ (n[=a]"b[o^]b), n. [Hind. naw[=a]b, from Ar.
   naw[=a]b, pl. of n[=a]["i]b a vicegerent, governor. Cf
   1. A deputy or viceroy in India; a governor of a province of
      the ancient Mogul empire.
      [1913 Webster]

   2. One who returns to Europe from the East with immense
      riches: hence, any man of great wealth. "A bilious old
      nabob." --Macaulay.
      [1913 Webster]
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