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Monopoly
//məˈnɒpəli// name, noun
Definitions
Proper Noun
- 1 A board game in which players use play money to buy and trade properties, with the objective of forcing opponents into bankruptcy.
"I was playing Monopoly with my friends at 12:00am last night."
Noun
- 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.
"The sale of the leaves and roots was a Government monopoly, and from it the Kings of Kôr derived a large proportion of their private revenue."
- 2 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 wordnet
- 3 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."
- 4 exclusive control or possession of something wordnet
- 5 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."
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- 6 (economics) a market in which there are many buyers but only one seller wordnet
- 7 The market thus controlled. metonymically
- 8 The holder (person, company or other) of such market domination in one of the above manners. metonymically
Etymology
Etymology 1
From Latin monopōlium, from Ancient Greek μονοπώλιον (monopṓlion, “a right of exclusive sale”), from μόνος (mónos, “sole”) + πωλέω (pōléō, “I barter, sell”). By surface analysis, mono- + -poly.
Etymology 2
See monopoly.
See also for "monopoly"
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