1. Corporate power elites distinguished primarily by theIR distance from actual productive work and theIR chronic failure to manage (see also suit). Spoken derisively, as in "*Management* decided that ...". 2. Mythically, a vast bureaucracy responsible for all the world' s minor IRritations. Hackers' satIRical public notices are often signed "The Mgt" this derives from the "Illuminatus!" novels. [Jargon File] (1995-02-28)