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oligopsony
oligopsony definition
oli·gop·sony (-sə nē)
noun pl. oligopsonies -·nies
control of the purchase of a commodity or service in a given market by a small number of buyers
Etymology: olig(o)- + Gr opsōnia, a purchase of food, catering < opsōnein: see opsonin
Related Forms:
- oligopsonist ol′i·gop′·so·nist noun
- oligopsonistic ol′i·gop′·so·nis′·tic adjective
Webster's New World College Dictionary Copyright © 2009 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.
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