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Definition of monopoly

monopoly

/məˈnɑːpəli/
mo · nop · o · ly

Adverb:monopolistically
•
Plural:monopolies
•
Adjective:monopolistic
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monopoly Lexical Profile

monopoly Game Scores & Validity

• noun

1

The exclusive possession, control, or exercise of the trade in a specific commodity, service, or market, typically resulting in the absence of competition.

Example

"The antitrust laws were enacted to prevent any single corporation from establishing a monopoly in the telecommunications industry."


2

A company, group, or entity that completely dominates a particular market or industry.

Example

"Historically, the state-owned railway was a massive monopoly that controlled all domestic train travel."


3

The exclusive claim, possession, or control over a non-economic asset, such as a concept, right, or quality.

Example

"No single political party has a monopoly on truth or civic virtue."

Synonyms
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Antonyms
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• Rhymes for monopoly

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.

Usage Trend

Historical frequency of usage in published text.

180019102020

Cite this Entry


Wordmom. (2026). Definition of Monopoly. In Wordmom Dictionary. Retrieved Nov 5, 2026, from https://wordmom.com/dictionary/monopoly
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