Monopoly Definition

mə-nŏpə-lē
monopolies
noun
Exclusive control of a commodity or service in a given market, or control that makes possible the fixing of prices and the virtual elimination of free competition.
Webster's New World
An exclusive privilege of engaging in a particular business or providing a service, granted by a ruler or by the state.
Webster's New World
A commodity or service so controlled.
American Heritage
Any exclusive possession or control regarded as resembling this.
Dad's monopoly over the TV remote control.
Webster's New World
A company or combination that has a monopoly.
Webster's New World
pronoun

A board game in which players use play money to buy and trade properties, with the objective of forcing opponents into bankruptcy.

Wiktionary

Other Word Forms of Monopoly

Noun

Singular:
monopoly
Plural:
monopolies

Origin of Monopoly

  • Latin monopōlium from Greek monopōlion mono- mono- pōlein to sell pel-4 in Indo-European roots

    From American Heritage Dictionary of the English Language, 5th Edition

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monopoly