What does monopoly mean?

Definitions for monopoly
məˈnɒp ə limonopoly

Here are all the possible meanings and translations of the word monopoly.

Princeton's WordNet

  1. monopoly(noun)

    (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"

  2. monopoly(noun)

    exclusive control or possession of something

    "They have no monopoly on intelligence"

  3. Monopoly(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

Wiktionary

  1. monopoly(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.

    Etymology: From monopolium, from μονοπώλιον, from μόνος + πωλέω.

  2. monopoly(Noun)

    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

    Etymology: From monopolium, from μονοπώλιον, from μόνος + πωλέω.

  3. monopoly(Noun)

    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

    Etymology: From monopolium, from μονοπώλιον, from μόνος + πωλέω.

  4. monopoly(Noun)

    The market thus controlled

    Etymology: From monopolium, from μονοπώλιον, from μόνος + πωλέω.

  5. monopoly(Noun)

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

    Etymology: From monopolium, from μονοπώλιον, from μόνος + πωλέω.

  6. Monopoly(ProperNoun)

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

    Etymology: From monopolium, from μονοπώλιον, from μόνος + πωλέω.

Webster Dictionary

  1. Monopoly(noun)

    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

    Etymology: [L. monopolium, Gr. , ; mo`nos alone + to sell.]

  2. Monopoly(noun)

    exclusive possession; as, a monopoly of land

    Etymology: [L. monopolium, Gr. , ; mo`nos alone + to sell.]

  3. Monopoly(noun)

    the commodity or other material thing to which the monopoly relates; as, tobacco is a monopoly in France

    Etymology: [L. monopolium, Gr. , ; mo`nos alone + to sell.]

Freebase

  1. Monopoly

    A monopoly exists when a specific person or enterprise is the only supplier of a particular commodity. Monopolies are thus characterized by a lack of economic competition to produce the good or service and a lack of viable substitute goods. The verb "monopolize" refers to the process by which a company gains the ability to raise prices or exclude competitors. In economics, a monopoly is a single seller. In law, a monopoly is a business entity that has significant market power, that is, the power to charge high prices. Although monopolies may be big businesses, size is not a characteristic of a monopoly. A small business may still have the power to raise prices in a small industry. A monopoly is distinguished from a monopsony, in which there is only one buyer of a product or service; a monopoly may also have monopsony control of a sector of a market. Likewise, a monopoly should be distinguished from a cartel, in which several providers act together to coordinate services, prices or sale of goods. Monopolies, monopsonies and oligopolies are all situations such that one or a few of the entities have market power and therefore interact with their customers, suppliers and the other companies in ways that leave market interactions distorted.

The Foolish Dictionary, by Gideon Wurdz

  1. MONOPOLY

    A modern device for impoverishing others. From Grk. _monux_, swift-footed, and _polloi_, the people. A swift kick for the people.

British National Corpus

  1. Nouns Frequency

    Rank popularity for the word 'monopoly' in Nouns Frequency: #1753

How to pronounce monopoly?

  1. Alex
    Alex
    US English
    Daniel
    Daniel
    British
    Karen
    Karen
    Australian
    Veena
    Veena
    Indian

How to say monopoly in sign language?

  1. monopoly

Numerology

  1. Chaldean Numerology

    The numerical value of monopoly in Chaldean Numerology is: 6

  2. Pythagorean Numerology

    The numerical value of monopoly in Pythagorean Numerology is: 8

Examples of monopoly in a Sentence

  1. Kate Winslet:

    Let your kids climb trees. Take the device out of their hand. Play Monopoly! You go to a cafe and grown-ups are at one end of the table and children the other, on devices, not looking up.

  2. Dr. Jose P. Rizal:

    No one has a monopoly of the true God, nor is there a nation or religion that can claim, or at any rate prove, that it has been given the exclusive right to the Creator or sole knowledge of His Being.

  3. Kate Winslet:

    And what comes along with that? Eating disorders. And that makes my blood boil. And is the reason we don’t have any social media in our house. let your kids climb trees. Take the device out of their hand. Play Monopoly! You go to a cafe and grown-ups are at one end of the table and children the other, on devices, not looking up.

  4. Calvina Fay:

    Voters in Ohio wisely rejected a big marijuana monopoly, while at the same time protecting young residents from being subjected to the marketing and commercialization that would be aimed at promoting the use of a harmful substance.

  5. Matt Stoller:

    Nobody alleged( the magazines of) anti-Semitism ; they were just like, this was an article on monopoly, because it's obvious that's what it was.

Images & Illustrations of monopoly

  1. monopolymonopolymonopolymonopolymonopoly

Popularity rank by frequency of use

monopoly#10000#11934#100000

Translations for monopoly

From our Multilingual Translation Dictionary

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"monopoly." Definitions.net. STANDS4 LLC, 2020. Web. 28 May 2020. <https://www.definitions.net/definition/monopoly>.

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