Definitions for monopoly
məˈnɒp ə limo·nop·o·ly

Princeton's WordNetRate this definition:3.3 / 3 votes

1. monopolynoun

   (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. monopolynoun

   exclusive control or possession of something

   "They have no monopoly on intelligence"

3. Monopolynoun

   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

WiktionaryRate this definition:0.0 / 0 votes

1. monopolynoun

   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. monopolynoun

   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

3. monopolynoun

   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. monopolynoun

   The market thus controlled

5. monopolynoun

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

6. Monopolynoun

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

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

Samuel Johnson's DictionaryRate this definition:0.0 / 0 votes

1. Monopolynoun

   The exclusive privilege of selling any thing.

   Etymology: μονοπωλία; monopole, Fr. μονος and ϖωλέω.

   Dost thou call me fool, boy?
   —— All thy other titles hast thou given away; that thou wast born with.
   —— Lords and great men will not let me; if I had a monopoly on’t they would have part on’t. William Shakespeare, King Lear.

   One of the most oppressive monopolies imaginable; all others can concern only something without us, but this fastens upon our nature, yea upon our reason. Go. of the Tongue.

   William Shakespeare rather writ happily than knowingly and justly; and Johnson, who by studying Quintus Horatius Flaccus, had been acquainted with the rules, yet seemed to envy to posterity that knowledge, and to make a monopoly of his learning. John Dryden, Juv.

WikipediaRate this definition:0.0 / 0 votes

1. Monopoly

   Monopoly (stylized in all caps) is a song by American singers Ariana Grande and Victoria Monét, released on April 1, 2019 through label Republic Records. The song was written by Grande, Monét, Charles Anderson, Michael Foster, and Tim Suby, with production being handled by Social House and Suby. The music video, which was shot on March 30, 2019 at Mohegan Sun in the hours leading up to a concert scheduled that night, was released alongside the single, and was directed by Alfredo Flores and Ricky Alvarez."Monopoly" was included on the Japanese deluxe edition of Grande's fifth studio album Thank U, Next (2019) as a bonus track, along with the official remix of "7 Rings" featuring 2 Chainz. It reached the top 10 in Greece and Israel and the top 20 in Ireland, Japan and New Zealand. The singers performed the song on some of the shows of the Sweetener World Tour.

ChatGPTRate this definition:0.0 / 0 votes

1. Monopoly

   A monopoly refers to a market structure where a single entity or firm is the sole seller or provider of a particular product or service. It is characterized by the absence of competition, allowing the monopolistic firm to have full control, influence, and market power over pricing, production, and distribution. In a monopoly, there is no substitute for the monopolist's product or service, and the firm often faces little or no pressure from other competitors.

Webster DictionaryRate this definition:0.0 / 0 votes

1. Monopolynoun

   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

2. Monopolynoun

   exclusive possession; as, a monopoly of land

3. Monopolynoun

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

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

WikidataRate this definition:0.0 / 0 votes

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 WurdzRate this definition:1.0 / 2 votes

1. MONOPOLY

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

Matched Categories

1. • Board Game
   • Dominance
   • Economics
   • Market

British National Corpus

1. Nouns Frequency

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

Usage in printed sourcesFrom: 

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How to pronounce monopoly?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say monopoly in sign language?

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. 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.

2. C. P. Scott:

   The newspaper is of necessity something of a monopoly, and its first duty is to shun the temptations of monopoly. Its primary office is the gathering of news. At the peril of its soul it must see that the supply is not tainted. Neither in what it gives, nor in what it does not give, nor in the mode of presentation, must the unclouded face of truth suffer wrong. Comment is free but facts are sacred.

3. David Cicilline:

   Amazon, Apple, Google, and Facebook each hold monopoly power over significant sectors of our economy. This monopoly moment must end, now that the Judiciary Committee has formally adopted our findings, I look forward to crafting legislation that addresses the significant concerns we have raised.

4. Colleen Higgins:

   I’d always got on really well with his kids and we were playing monopoly and having an ordinary Friday evening, the next thing I remember is waking up in the most horrific pain I have ever experienced.

5. Ken Buck:

   The majority staff accurately portrays how Apple, Amazon, Google and Facebook have used their monopoly power to act as gatekeepers to the marketplace, undermine potential competition, and pick winners and losers.

Popularity rank by frequency of use

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=monopoly
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Monopoly
3. ^ Samuel Johnson's Dictionary
   https://johnsonsdictionaryonline.com/views/search.php?term=monopoly
4. ^ Wikipedia
   https://en.wikipedia.org/wiki/Monopoly
5. ^ ChatGPT
   https://chat.openai.com
6. ^ Webster Dictionary
   https://www.merriam-webster.com/dictionary/monopoly
7. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=monopoly
8. ^ The Foolish Dictionary, by Gideon Wurdz
   https://www.gutenberg.org/cache/epub/1989/pg1989-images.html#:~:text=monopoly
9. ^ Usage in printed sources
   https://books.google.com/ngrams/graph?content=monopoly