monopsonies

Variant of monopsony

noun pl. monopsonies

Econ. a situation in which there is only one buyer for a particular commodity or service

Origin: mon(o)- + Gr opsōnia, a purchase of fish, catering < opsōnein, to buy victuals < opson, cooked food, fish < o-, with + base of psōmos, a morsel

Webster's New World College Dictionary Copyright © 2010 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.
link/cite print suggestion box