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Incumbency

//ɪŋˈkʌmbənsi// noun

Definitions

Noun
  1. 1
    The state of being incumbent. countable, uncountable
  2. 2
    the office of an incumbent wordnet
  3. 3
    An obligation or duty. countable, uncountable
  4. 4
    a duty that is incumbent upon you wordnet
  5. 5
    A tenure. countable, uncountable
Show 2 more definitions
  1. 6
    the term during which some position is held wordnet
  2. 7
    Benefice, lucrative position or possession. countable, figuratively, uncountable

    "The early antitrust reformers warned that even beyond its effect on prices, economic power could buy influence in Congress. Monopolies don’t just dominate their own industries, Justice Louis Brandeis said in 1933; they monopolize political power as well, which allows them to protect their incumbency and stifle competition in myriad ways."

Etymology

From incumbent + -cy.

See also for "incumbency"

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