monopsony
Pronunciation
  • (RP) IPA: /məˈnɒpsəni/
  • (RP) IPA: /məˈnɑpsəni/
Noun

monopsony (plural monopsonies)

  1. (economics) A market#Noun|market situation in which there is only one buyer for a product. [from 1930s]
    Antonyms: monopoly
    cot en
  2. (economics) A buyer with disproportionate power#Noun|power.
Translations


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