crony UK /ˈkɹəʊni/US /ˈkɹoʊni/noun 3forms 1phrases 1 noun3 •(informal) A close friend. •(informal) A trusted companion or partner in a criminal organization. •(no longer used) An old woman; a crone.Marry not an old crony. — 1624 formscronies Phrases with crony crony capitalismA form of capitalism in which success in business depends on corrupt close relationships with government officials, often implying favouritism.
