Monopoly

English

Noun

Monopoly (plural monopolies)

1. 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.
2. 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

3. 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

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

Synonyms

• (holder): monopolist

Antonyms

• monopsony

Derived terms

• monopolistic
• monopolize, monopolization, monopolizer

Related terms

• duopoly
• oligopoly

Adjectives for Monopoly

absolute; unlimited; sectional; unified; virtual; national; natural; insidious; wicked; wasteful; wretched; proposed; ravenous.

Verbs

bag—; break down—; confer—upon; denounce—; enjoy—; foster—; free from—; infringe on—; possess—; promote—; protest—; resent—; secure—; —controls; — enriches; —fetters; —gags; —masters; — prices; —reaps; —smothers.

Thesaurus

a corner on, arrest, arrestation, bear raid, bull raid, cartel, check, consortium, constraint, control, cooling, cooling down, cooling off, copyright, corner, corner in, cornering, curb, curtailment, deceleration, engrossment, exclusive possession, forestallment, hindrance, inhibition, injunction, interdict, legal restraint, manipulation, monopolization, ownership, pool, possessorship, prohibition, proprietorship, protection, protectionism, protective tariff, raid, rationing, rein, restraint, restraint of trade, retardation, retrenchment, rigging, self-control, slowing down, syndicate, tariff wall, thought control, trust, wash sale, washing

Etymology

From Latin monopōlium from Ancient Greek μονοπώλιον (monopōlion, “a right of exclusive sale”) from μόνος (monos, “sole”) + πωλέω (pōleō, “I barter, sell”).

Pronunciation

• (RP) enPR: mənŏ'pəlē", IPA: /məˈnɒpəˌli/, SAMPA: /m@"nQp@%li/
• (US) enPR: mənä'pəlē", IPA: /məˈnɑpəˌli/, SAMPA: /m@"nAp@%li/

• Audio (US)

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Translations

situation of exclusive supply

Danish: monopol (da) n. Dutch: monopolie (nl) n. Finnish: monopoli (fi) Greek: μονοπώλιο (el) (monopólio) n.

Polish: monopol (pl) m. Romanian: monopol (ro) n. Russian: монополия (ru) (monopólija) f.

exclusive possession

Czech: monopol (cs) m. Danish: monopol (da) n. Dutch: monopolie (nl) n., alleenbezit n. Finnish: monopoli (fi)

Greek: μονοπώλιο (el) (monopólio) n. Russian: монополия (ru) (monopólija) f. Scottish Gaelic: aon-mhargadh (gd) m.

privilege granting such control

Czech: monopolní (cs) postavení (cs) f. Danish: monopol (da) n.

Dutch: monopolie (nl) n., alleenrecht n. Scottish Gaelic: aon-mhargadh (gd) m.

market thus controled

Danish: monopol (da) n. Dutch: monopolie (nl) n. Finnish: monopoli (fi)

Greek: μονοπώλιο (el) (monopólio) n. Russian: монополия (ru) (monopólija) f.

holder of such control

Czech: monopol (cs) m. Danish: monopolist (da) c.

Dutch: monopolist (nl) m. Scottish Gaelic: lèir-shealbhachd (gd) f.

The translations below need to be checked.

Translations to be checked

Bulgarian: монопол (bg) Mandarin: 獨佔, 独占 (dúzhàn) Esperanto: monopolo (eo) French: monopole (fr) m. German: Monopol (de) n. Ancient Greek: μονοπώλιον (monopolion) n. Hebrew: מונופול (monopol) m.

Indonesian: monopoli (id) Italian: monopoli (it), monopolio (it) m. Japanese: 独占 (どくせん, dokusen), 専売 (せんばい, senbai) Korean: 전매권 (jeonmaegweon) Latin: monopolium (la) n. Norwegian: monopol (no) Portuguese: monopólio (pt) m. Romanian: monopol (ro) n. Spanish: monopolio (es) m.

External links

• Monopoly in Webster’s Revised Unabridged Dictionary, G. & C. Merriam, 1913
• Monopoly in The Century Dictionary, The Century Co., New York, 1911