monopoly
See also: Monopoly
English
Etymology
From (deprecated template usage) [etyl] Latin monopōlium, from (deprecated template usage) [etyl] 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.
- 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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- 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
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
- 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
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