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Meaning of MONOPOLY

Pronunciation:  mu'nâpulee, mu'nâpulee

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WordNet Dictionary
 
 Definition: 
  1. [n]  (trademark) 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
  2. [n]  exclusive control or possession of something; "They have no monopoly on intelligence"
  3. [n]  (economics) a market in which there are many buyers but only one seller; "a monopoly on silver"; "when you have a monopoly you can ask any price you like"
 
 See Also: ascendance, ascendancy, ascendence, ascendency, board game, control, corner, dominance, market, marketplace

 

 

Webster's 1913 Dictionary
 
 Definition: 
\Mo*nop"o*ly\, n.; pl. {Monopolies}. [L. monopolium,
Gr. ?, ?; mo`nos alone + ? to sell.]
1. 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.
         Raleigh held a monopoly of cards, Essex a monopoly
         of sweet wines.                       --Macaulay.
2. Exclusive possession; as, a monopoly of land.
         If I had a monopoly out, they would have part on 't.
                                               --Shak.
3. The commodity or other material thing to which the
   monopoly relates; as, tobacco is a monopoly in France.
   [Colloq.]
 
Thesaurus Terms
 
 Related Terms: a corner on, arrest, arrestation, bear raid, bull raid, cartel, check, consortium, constraint, control, cooling, cooling down, cooling off, copyright, corner, corner in, cornering, curb, curtailment, deceleration, engrossment, exclusive possession, forestallment, hindrance, inhibition, injunction, interdict, legal restraint, manipulation, monopolization, ownership, pool, possessorship, prohibition, proprietorship, protection, protectionism, protective tariff, raid, rationing, rein, restraint, restraint of trade, retardation, retrenchment, rigging, self-control, slowing down, syndicate, tariff wall, thought control, trust, wash sale, washing
 

 

 



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