monopoly
See also: Monopoly
English
Etymology
From Latin monopōlium, from Ancient Greek μονοπώλιον (monopṓlion, “a right of exclusive sale”), from μόνος (mónos, “sole”) + πωλέω (pōléō, “I barter, sell”).
Pronunciation
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Audio (US): (file)
Noun
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.
- 1887, H. Rider Haggard, She: A History of Adventure[1]:
- 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.
- 1962, G. B. Endacott, A. Hinton, “Public Works and Transport”, in Fragrant Harbour: A Short History of Hong Kong[2], Westport, Conn.: Greenwood Press, published 1977, →ISBN, →LCCN, →OCLC, page 122:
- In 1918 a Chinese company was given a monopoly to run a service between Victoria and the districts of Mong Kok and Sham Shui Po. Five years later this monopoly was transferred to the Hong Kong and Yaumati Ferry Company, together with the right to run a service to Yau Ma Tei.
- 2013 August 10, “Can China clean up fast enough?”, in The Economist, volume 408, number 8848:
- It has jailed environmental activists and is planning to limit the power of judicial oversight by handing a state-approved body a monopoly over bringing environmental lawsuits.
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- For more quotations using this term, see Citations:monopoly.
- 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.
- 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.
- (metonymically) The market thus controlled.
- (metonymically) The holder (person, company or other) of such market domination in one of the above manners.
- Synonym: monopolist
Derived terms
Translations
situation of exclusive supply
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exclusive possession
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privilege granting such control
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market thus controled
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holder of such control
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- The translations below need to be checked and inserted above into the appropriate translation tables. See instructions at Wiktionary:Entry layout § Translations.
Translations to be checked
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Further reading
- “monopoly”, in Webster’s Revised Unabridged Dictionary, Springfield, Mass.: G. & C. Merriam, 1913, →OCLC.
- “monopoly”, in The Century Dictionary […], New York, N.Y.: The Century Co., 1911, →OCLC.
- "monopoly" in Raymond Williams, Keywords (revised), 1983, Fontana Press, page 209.
Czech
Pronunciation
Noun
monopoly
- nominative plural of monopol
- accusative plural of monopol
- vocative plural of monopol
- instrumental plural of monopol
Spanish
Noun
monopoly m (uncountable)
- Monopoly (board game)
Categories:
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- English terms derived from Ancient Greek
- English 4-syllable words
- English terms with IPA pronunciation
- English terms with audio pronunciation
- English lemmas
- English nouns
- English countable nouns
- English terms with quotations
- English terms with usage examples
- English metonyms
- Czech terms with IPA pronunciation
- Czech non-lemma forms
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- Spanish nouns
- Spanish uncountable nouns
- Spanish masculine nouns