Monopoly

Word MONOPOLY
Character 8
Hyphenation mo nop o ly
Pronunciations /məˈnɒpəˌli/

Definitions and meanings of "Monopoly"

What do we mean by monopoly?

Exclusive control by one group of the means of producing or selling a commodity or service. noun

A company, group, or individual having exclusive control over a commercial activity. noun

A commodity or service so controlled. noun

Exclusive possession or control. noun

Something that is exclusively possessed or controlled. noun

An exclusive privilege to carry on a traffic. noun

Specifically, in Eng. constitutional hist., and hence sometimes in American law, such an exclusive privilege when granted by the crown or state to an individual, association, or corporation, for the sake of the pecuniary advantage of its exclusiveness. noun

In political economics, and as used in a general sense in law, such an exclusive privilege to carry on a traffic, or deal in or control a given class of articles, as will enable the holder to raise prices materially above what they would be if the traffic or dealing were free to citizens generally. noun

That which is the subject of a monopoly: as, in Bengal opium is a monopoly. noun

The possession or assumption of anything to the exclusion of other possessors: thus, a man is popularly said to have a monopoly of any business of which he has acquired complete control. noun

Loosely, a company or corporation which enjoys a 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 noun

Exclusive possession. noun

The commodity or other material thing to which the monopoly relates. 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. noun

An exclusive control over the trade or production of a commodity or service through exclusive possession. noun

The privilege granting the exclusive right to exert such control noun

The market thus controlled 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.

An exclusive control over the trade or production of a commodity or service through exclusive possession.

The privilege granting the exclusive right to exert such control.

(metonymy) The market thus controlled.

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

Synonyms and Antonyms for Monopoly

  • Antonyms for monopoly
  • Monopoly antonyms not found!

The word "monopoly" in example sentences

There are two evils of our present railway system, however, which are not chargeable to monopoly, but to the _attempt to defeat monopoly_, and which are important to our discussion. ❋ Charles Whiting Baker (N/A)

Any assignment which does not convey to the assignee the entire and unqualified monopoly which the patentee holds in the territory specified, or an undivided interest in the entire _monopoly, _ is a mere license. ❋ Franklin Cresee (N/A)

When consumers hear the term monopoly, the first thing that comes to mind is often price-fixing and other illegal business practices. ❋ 24/7 Wall St. (2010)

I know that, but the term monopoly is used much more loosely outside of economic textbooks. ❋ Unknown (2010)

In The Economic Way of Thinking, for example, the ambiguity associated with the term monopoly is explored --- if you define the relevant market broadly enough no monopoly is evident, but if your definition is narrow then every good will exhibit monopolistic characteristics. ❋ Unknown (2006)

Profile of SAIC -- former internet domain monopoly is the invisible spook WalMart ❋ Unknown (2003)

Nasionale Pers chief executive Hennie van Deventer said the term monopoly had always been loosely used. ❋ Unknown (1994)

It is to be noted that in this seventh law we have used in apposition with the term monopoly, the term "inequality of competition" instead of ❋ Charles Whiting Baker (N/A)

They want to use the term monopoly, and examine the institution the same way all monopolies are examined in economic literature. ❋ Unknown (2009)

The title monopoly is just a never-ending cycle of the best players picking the same four or five schools that win the title and so on and so on. ❋ Unknown (2009)

NORMAN DODD: Well, because to them, Communism represents a means of developing what we call a monopoly, that is, an organization of, say, a large-scale industry into an ❋ Unknown (2008)

And ultimately there are few situations where a monopoly is a good thing for the consumer. ❋ Unknown (2010)

Monkeyesq: In every day speak, a monopoly is a company with a large enough market share that it is hard to meaningfully compete against them. ❋ Unknown (2010)

In every day speak, a monopoly is a company with a large enough market share that it is hard to meaningfully compete against them. ❋ Unknown (2010)

Cross Reference for Monopoly

What does monopoly mean?

Best Free Book Reviews
Book Name Author
Extra Credit E-Book Daisy Landish
Murder by the Book E-Book Lauren Elliott
Exiled Duke E-Book K.J. Jackson
Emma’s Dream E-Book M. Lee Prescott
Enemies With Benefits E-Book Roxie Noir
Best IOS App Reviews