The word 'monarchy' describes a system of governance in which the king or queen of the area is the prime ruler. One thing that is very important and should be kept into mind is that when you are using the word in this context you must add the article 'the' before the word. Following sentence can help you in understanding the word well: The uprising in Nepal against the monarchy was very vehement so the king had to shed his powers. The sentence mentioned above says that there was a rule of the king in Nepal but the opposition from people made it impossible for him to rule and he had to give up his powers.
The word can also be used for a state or province that is ruled by monarchy and also the king or queen and their family can be referred to as the monarchy.
The word can also be used for a state or province that is ruled by monarchy and also the king or queen and their family can be referred to as the monarchy.