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1911 Encyclopedia Britannica
a corruption of the Hindostani nawab, originally used for native rulers. In the 18th century, when Clive's victories made Indian terms familiar in England, it began to be applied to Anglo-Indians who returned with fortunes from the East.
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Chisholm, Hugh, General Editor. Entry for 'Nabob'. 1911 Encyclopedia Britanica. https://www.studylight.org/encyclopedias/eng/bri/n/nabob.html. 1910.