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See also Monopoly

English

Etymology

From Latin monopolium from Ancient Greek μονοπώλιον (monopōlion), a right of exclusive sale) from μόνος (monos), sole) + πωλέω (pōleō), I barter, sell).

Pronunciation

Noun

Singular
Monopoly

Plural
monopolies

Monopoly (plural monopolies)
  1. 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.
  2. An exclusive control over the trade or production of a commodity or service trough exclusive possession.
    A land monopoly renders its holder(s) nearly almighty in an agricultural society
  3. 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
  4. Patrono:Metonymy The market thus controled
  5. Patrono:Metonymy The holder (person, company or other) of such market domination in one of the the above manners.

Synonyms

Antonyms

Derived terms

Related terms

Translations

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External links

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