monopoly

monopoly
noun /məˈnɒpəˌli,məˈnɑpəˌli/
a) A situation, by legal privilege or other agreement, in which solely one party (company, cartel etc.) exclusively provides a particular product or service, dominating that market and generally exerting powerful control over it.

A land monopoly renders its holder(s) nearly almighty in an agricultural society

b) An exclusive control over the trade or production of a commodity or service through exclusive possession.

Granting monopolies in concession constitutes a market-conform alternative to taxation for the state, while the crown sometimes bestowed a monopoly as an outrageous gift

See Also: duopoly, oligopoly

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  • Monopoly — Daten zum Spiel Autor Elizabeth Magie Phillips, Charles Darrow Verlag Eigenverlag (ca. 1933), Parker Brothers (ab 1935), Waddington (ab 1936) …   Deutsch Wikipedia

  • monopoly — mo·nop·o·ly /mə nä pə lē/ n pl lies 1: exclusive control of a particular market that is marked by the power to control prices and exclude competition and that esp. is developed willfully rather than as the result of superior products or skill see …   Law dictionary

  • Monopoly — Mo*nop o*ly, n.; pl. {Monopolies}. [L. monopolium, Gr. ?, ?; mo nos alone + ? to sell.] 1. The exclusive power, or privilege of selling a commodity; the exclusive power, right, or privilege of dealing in some article, or of trading in some… …   The Collaborative International Dictionary of English

  • monopoly — monopoly, corner, pool, syndicate, trust, cartel are comparable rather than synonymous terms when they apply to a means of controlling prices. Monopoly denotes the exclusive control of a service (as telephone or telegraph service) or traffic (as… …   New Dictionary of Synonyms

  • monopoly — [mə näp′ə lē] n. pl. monopolies [L monopolium < Gr monopōlion, right of exclusive sale, monopōlia, exclusive sale < monos, single (see MONO ) + pōlein, to sell < IE base * pel > Lith pel̃nas, wages] 1. exclusive control of a commodity …   English World dictionary

  • Monopoly — trademark a very popular type of ↑board game that has been sold since the 1930s. Players use toy money to buy streets and buildings on squares on the board, and then make other players pay rent if they move onto those squares. The squares on the… …   Dictionary of contemporary English

  • Monopoly — Monopoly®   [ li; englisch »Monopol«] das, , Gesellschaftsspiel, bei dem mit Würfeln, Spielgeld, Anteilscheinen, symbolischen Häusern u. Ä. Grundstücksspekulation simuliert wird. * * * Mo|no|po|ly ® [...li], das; [nach engl. monopoly = Monopol]:… …   Universal-Lexikon

  • monopoly — (n.) exclusive control of a commodity or trade, 1530s, from L. monopolium, from Gk. monopolion right of exclusive sale, from MONO (Cf. mono ) + polein to sell, from PIE root *pel to sell (Cf. Skt. panate barters, purchases, Lith. pelnas …   Etymology dictionary

  • monopoly — ► NOUN (pl. monopolies) 1) the exclusive possession or control of the supply of a commodity or service. 2) an organization having a monopoly, or a commodity or service controlled by one. 3) exclusive possession or control of something. ORIGIN… …   English terms dictionary

  • Monopoly — ● Monopoly nom masculin (nom déposé) Jeu de société où les joueurs doivent acquérir par concurrence des terrains et des immeubles jusqu à en obtenir le monopole …   Encyclopédie Universelle

  • monopoly — [n] something held, owned exclusively cartel, consortium, copyright, corner, holding, oligopoly, ownership, patent, pool, possessorship, proprietorship, syndicate, trust; concept 710 Ant. distribution, jointownership, scattering, sharing …   New thesaurus

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