monopoly
see also: Monopoly
Pronunciation Noun
Monopoly
Proper noun
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see also: Monopoly
Pronunciation Noun
monopoly (plural monopolies)
- A situation, by legal privilege or other agreement, in which solely one party (company, cartel etc.) exclusively provides a particular product or service, dominating that market and generally exerting powerful control over it.
- Antonyms: monopsony
- cot en
- An exclusive control over the trade or production of a commodity or service through exclusive possession.
- A land monopoly renders its holder(s) nearly almighty in an agricultural society.
- The privilege granting the exclusive right to exert such control.
- Granting monopolies in concession constitutes a market-conform alternative to taxation for the state, while the crown sometimes bestowed a monopoly as an outrageous gift.
- (metonymy) The market thus controlled.
- (metonymy) The holder (person, company or other) of such market domination in one of the above manners.
- Synonyms: monopolist
- Portuguese: monopólio
- Russian: монопо́лия
- Spanish: monopolista
Monopoly
Proper noun
- A board game in which players use play money to buy and trade properties, with the objective of forcing opponents into bankruptcy.
- German: Monopoly
- Italian: Monopoli
- Portuguese: (Brazil) Banco Imobiliário, (Portugal) Monopólio, Monopoly
- Russian: монопо́лия
- Spanish: Monopoly
This text is extracted from the Wiktionary and it is available under the CC BY-SA 3.0 license | Terms and conditions | Privacy policy 0.003