Definition of Monopoly

1. Noun. (economics) a market in which there are many buyers but only one seller. "When you have a monopoly you can ask any price you like"

Generic synonyms: Market, Market Place, Marketplace
Category relationships: Economic Science, Economics, Political Economy
Specialized synonyms: Corner
Derivative terms: Monopolise, Monopolistic, Monopolize, Monopolize

2. Noun. Exclusive control or possession of something. "They have no monopoly on intelligence"

3. Noun. A board game in which players try to gain a monopoly on real estate as pieces advance around the board according to the throw of a die.
Generic synonyms: Board Game
Language type: Trademark

Definition of Monopoly

1. n. The exclusive power, or privilege of selling a commodity; the exclusive power, right, or privilege of dealing in some article, or of trading in some market; sole command of the traffic in anything, however obtained; as, the proprietor of a patented article is given a monopoly of its sale for a limited time; chartered trading companies have sometimes had a monopoly of trade with remote regions; a combination of traders may get a monopoly of a particular product.

Definition of Monopoly

1. Proper noun. A board game in which players use play money to buy and trade properties, with the objective of forcing opponents into bankruptcy. ¹

2. Noun. 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. ¹

3. Noun. An exclusive control over the trade or production of a commodity or service through exclusive possession. ¹

4. Noun. The privilege granting the exclusive right to exert such control ¹

5. Noun. (metonymy) The market thus controlled ¹

6. Noun. (metonymy) The holder (person, company or other) of such market domination in one of the the above manners. ¹

¹ Source: wiktionary.com

Definition of Monopoly

1. exclusive control of a commodity or service in a particular market [n -LIES]

Lexicographical Neighbors of Monopoly

Monod-Wyman-Changeux model
Monodon
Monodon monoceros
Monodontidae
Monom
Monomorium
Monomorium minimum
Monomorium pharaonis
Monongahela
Monongahela River
Mononychus olecranus
Monophysite
Monophysites
Monophysitic
Monophysitism
Monopoly (current term)
Monopoly money
Monostoma
Monothelete
Monotheletes
Monothelite
Monothelites
Monothelitic
Monotropa hypopithys
Monotropa uniflora
Monotropaceae
Monro's doctrine
Monro's foramen
Monro's line

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