monopoly
Definition from Wiktionary, a free dictionary
See also Monopoly
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[edit] English
[edit] Etymology
From Latin monopolium from Ancient Greek μονοπώλιον (monopōlion), “‘a right of exclusive sale’”) from μόνος (monos), “‘sole’”) + πωλέω (pōleō), “‘I barter, sell’”).
[edit] Pronunciation
- (RP) enPR: mənŏ'pəlē", IPA: /məˈnɒpəˌli/, SAMPA: /m@"nQp@%li/
- (US) enPR: mənä'pəlē", IPA: /məˈnɑpəˌli/, SAMPA: /m@"nAp@%li/
- Audio (US)help, file
[edit] Noun
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Singular |
Plural |
monopoly (plural monopolies)
- 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.
- An exclusive control over the trade or production of a commodity or service trough exclusive possession.
- A land monopoly renders its holder(s) nearly allmighty in an agricultural society
- The privilege granting the exlusive 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
- (metonymy) The market thus controled
- (metonymy) The holder (person, company or other) of such market domination in one of the the above manners.
[edit] Synonyms
- (holder) monopolist
[edit] Derived terms
[edit] Related terms
[edit] Translations
situation of exclusive supply
exclusive possession
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privilege granting such control
market thus controled
holder of such control
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- The translations below need to be checked and inserted above into the appropriate translation tables, removing any numbers. Numbers do not necessarily match those in definitions. See instructions at Help:How to check translations.
Translations to be checked
[edit] External links
- monopoly in Webster’s Revised Unabridged Dictionary, G. & C. Merriam, 1913
- monopoly in The Century Dictionary, The Century Co., New York, 1911
