monopoly
monopoly Lexical Profile
monopoly Game Scores & Validity
• noun
The exclusive possession, control, or exercise of the trade in a specific commodity, service, or market, typically resulting in the absence of competition.
"The antitrust laws were enacted to prevent any single corporation from establishing a monopoly in the telecommunications industry."
A company, group, or entity that completely dominates a particular market or industry.
"Historically, the state-owned railway was a massive monopoly that controlled all domestic train travel."
The exclusive claim, possession, or control over a non-economic asset, such as a concept, right, or quality.
"No single political party has a monopoly on truth or civic virtue."
• Rhymes for monopoly
• Nearby Words
Word Origin & Etymology
From Latin 'monopolium', derived from Greek 'monopōlion' (from 'monos' meaning 'single, alone' and 'pōlein' meaning 'to sell'). First recorded in English in the 1530s.