monopolyməˈnɒp ə li
monopoly (n)
- plural
- monopolies
English Definitions:
monopoly (noun)
(economics) a market in which there are many buyers but only one seller
"a monopoly on silver"; "when you have a monopoly you can ask any price you like"
monopoly (noun)
exclusive control or possession of something
"They have no monopoly on intelligence"
Monopoly (noun)
a board game in which players try to gain a monopoly on real estate as pieces advance around the board according to the throw of a die
monopoly (Noun)
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.
monopoly (Noun)
An exclusive control over the trade or production of a commodity or service through exclusive possession.
monopoly (Noun)
The privilege granting the exclusive right to exert such control
monopoly (Noun)
The market thus controlled
monopoly (Noun)
The holder (person, company or other) of such market domination in one of the the above manners.
Monopoly (ProperNoun)
A board game in which players use play money to buy and trade properties, with the objective of forcing opponents into bankruptcy.
Monopoly
A monopoly exists when a specific person or enterprise is the only supplier of a particular commodity. Monopolies are thus characterized by a lack of economic competition to produce the good or service and a lack of viable substitute goods. The verb "monopolize" refers to the process by which a company gains the ability to raise prices or exclude competitors. In economics, a monopoly is a single seller. In law, a monopoly is a business entity that has significant market power, that is, the power to charge high prices. Although monopolies may be big businesses, size is not a characteristic of a monopoly. A small business may still have the power to raise prices in a small industry. A monopoly is distinguished from a monopsony, in which there is only one buyer of a product or service; a monopoly may also have monopsony control of a sector of a market. Likewise, a monopoly should be distinguished from a cartel, in which several providers act together to coordinate services, prices or sale of goods. Monopolies, monopsonies and oligopolies are all situations such that one or a few of the entities have market power and therefore interact with their customers, suppliers and the other companies in ways that leave market interactions distorted.
Monopoly
Monopoly (stylized in all caps) is a song by American singers Ariana Grande and Victoria Monét, released on April 1, 2019 through label Republic Records. The song was written by Grande, Monét, Charles Anderson, Michael Foster, and Tim Suby, with production being handled by Social House and Suby. The music video, which was shot on March 30, 2019 at Mohegan Sun in the hours leading up to a concert scheduled that night, was released alongside the single, and was directed by Alfredo Flores and Ricky Alvarez."Monopoly" was included on the Japanese deluxe edition of Grande's fifth studio album Thank U, Next (2019) as a bonus track, along with the official remix of "7 Rings" featuring 2 Chainz. It reached the top 10 in Greece and Israel and the top 20 in Ireland, Japan and New Zealand. The singers performed the song on some of the shows of the Sweetener World Tour.
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"monopoly." Kamus.net. STANDS4 LLC, 2024. Web. 28 Mar. 2024. <https://www.kamus.net/english/monopoly>.
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