What is the meaning of Monopoly?

noun

  • Economics) a market in which there are many buyers but only one seller. (
    • usage: "a monopoly on silver"; "when you have a monopoly you can ask any price you like"
  • Exclusive control or possession of something.
    • usage: "They have no monopoly on intelligence"
  • 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. .
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). monopoly. Retrieved September 20, 2026, from http://smartdefine.org/monopoly/definitions/1190782
ChicagoWordNet. 2010. "monopoly" http://smartdefine.org/monopoly/definitions/1190782 (accessed September 20, 2026).
HarvardWordNet 2010, monopoly, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/monopoly/definitions/1190782>.
MLAWordNet. "monopoly" 23 October 2010. Web. 20 September 2026. <http://smartdefine.org/monopoly/definitions/1190782>
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