Definition of monopoly Monopoly

/mʌnɑˈpʌli/ - [munapulee] - mo•nop•o•ly

We found 16 definitions of monopoly from 7 different sources.

What does monopoly mean?

Noun Plural: monopolies
monopoly - (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"
		market place, marketplace, market an area in a town where a public mercantile establishment is set up
		economic science, economics, political economy the branch of social science that deals with the production and distribution and consumption of goods and services and their management
monopoly - exclusive control or possession of something; "They have no monopoly on intelligence"
		ascendance, ascendancy, ascendence, ascendency, dominance, control the organic phenomenon in which one of a pair of alleles present in a genotype is expressed in the phenotype and the other allele of the pair is not
monopoly - 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
		board game a game played on a specially designed board

= synonym
= antonym
= related word

monopoly (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.
monopoly (Noun)
An exclusive control over the trade or production of a commodity or service through exclusive possession.
monopoly (Noun)
The privilege granting the exclusive right to exert such control.
monopoly (Noun)
The market thus controlled.
monopoly (Noun)
The holder person, company or other of such market domination in one of the the above manners.

monopoly (n.)
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.
monopoly (n.)
Exclusive possession; as, a monopoly of land.
monopoly (n.)
The commodity or other material thing to which the monopoly relates; as, tobacco is a monopoly in France.

monopoly
The market condition where a particular commodity or service has only one seller.

monopoly
A modern device for impoverishing others. From Grk. monux, swift-footed, and polloi, the people. A swift kick for the people.

In economics, a monopoly (from the Greek "monos", one + "polein", to sell) is when a product or service can only be bought from one supplier. In many places, utilities such as telephone service or cable television are monopolies.

The market is owned/dominated mainly by one company.
game
Monopoly is a board game played by two to eight players. It is played on a board with spaces named after streets. These streets are actual streets in Atlantic City in New Jersey in the United States. In the British version, they are named after streets in London. Like many board games, each person has his own game token that he moves on the board. If he/she passes the go space, he/she collects $200. There is also a pair of dice, and play money. A person wins by having the most money at the end of the game. There are many versions of Monopoly such as Star Wars Monopoly and Create-your-own-opoly (where you name the streets yourself).

On the Monopoly board are 40 spaces. In the four corners of the board are the space where each player begins, called "GO"; "Free Parking", "JAIL", and "Go to Jail". Along the sides of the board are properties and businesses for sale. There are 22 "properties", 4 "railroads", the "Electric Company" and the "Water Works". There are also "Income Tax" and "Luxury Tax", and "Community Chests" and "Chances".