monopoly

[Mo*nopĀ·o*ly]

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

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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 market; sole command of the traffic in anything, however obtained; as, the proprietor of a patented article is given a monopoly of its sale for a limited time; chartered trading companies have sometimes had a monopoly of trade with remote regions; a combination of traders may get a monopoly of a particular product.

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

Noun
exclusive control or possession of something; "They have no monopoly on intelligence"

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"


n.
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 market; sole command of the traffic in anything, however obtained; as, the proprietor of a patented article is given a monopoly of its sale for a limited time; chartered trading companies have sometimes had a monopoly of trade with remote regions; a combination of traders may get a monopoly of a particular product.

n.
Exclusive possession; as, a monopoly of land.

n.
The commodity or other material thing to which the monopoly relates; as, tobacco is a monopoly in France.


Monopoly

Mo*nop"o*ly , n.; pl. Monopolies . [L. monopolium, Gr. , ; 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 market; sole command of the traffic in anything, however obtained; as, the proprietor of a patented article is given a monopoly of its sale for a limited time; chartered trading companies have sometimes had a monopoly of trade with remote regions; a combination of traders may get a monopoly of a particular product.
Raleigh held a monopoly of cards, Essex a monopoly of sweet wines.
2. Exclusive possession; as, a monopoly of land.
If I had a monopoly out, they would have part on 't.
3. The commodity or other material thing to which the monopoly relates; as, tobacco is a monopoly in France. [Colloq.]

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 market; sole command of the traffic in anything, however obtained; as, the proprietor of a patented article is given a monopoly of its sale for a limited time; chartered trading companies have sometimes had a monopoly of trade with remote regions; a combination of traders may get a monopoly of a particular product.

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Usage Examples

A monopoly on the means of communication may define a ruling elite more precisely than the celebrated Marxian formula of monopoly in the means of production.

Of course, Americans have no monopoly of patriotic enthusiasm and good faith.

Potentially, a government is the most dangerous threat to man's rights: it holds a legal monopoly on the use of physical force against legally disarmed victims.

A tiny and closed fraternity of privileged men, elected by no one, and enjoying a monopoly sanctioned and licensed by government.

Those in the west who dismiss the repressiveness of laws against women in countries like Iran, no matter how benign their intentions, present a condescending view not just of the religion but also of women living in Muslim majority countries, as if the desire for choice and happiness is the monopoly of women in the west.

For the first time in our history, ideology and theology hold a monopoly of power in Washington.

Nevertheless most of the evergreen forests of the north must always remain the home of wild animals and trappers, a backward region in which it is easy for a great fur company to maintain a practical monopoly.

Misspelled Form

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Other Usage Examples

The monopoly of science in the realm of knowledge explains why evolutionary biologists do not find it meaningful to address the question whether the Darwinian theory is true.

It is true that the aristocracies seem to have abused their monopoly of legal knowledge and at all events their exclusive possession of the law was a formidable impediment to the success of those popular movements which began to be universal in the western world.

We also learn that this country and the Western world have no monopoly of goodness and truth and scholarship, we begin to appreciate the ingredients that are indispensable to making a better world. In a life of learning that is, perhaps, the greatest lesson of all.

I've led a school whose faculty and students examine and discuss and debate every aspect of our law and legal system. And what I've learned most is that no one has a monopoly on truth or wisdom. I've learned that we make progress by listening to each other, across every apparent political or ideological divide.

If you allow for a purely capitalistic society, without any type of regulation at all, you will get one monopoly that will eat all of the smaller fish and own everything, and then you'll have zero capitalism, zero competition - it would just be one giant company.

No party has a monopoly on wisdom. No democracy works without compromise. But when Governor Romney and his allies in Congress tell us we can somehow lower our deficit by spending trillions more on new tax breaks for the wealthy - well, you do the math. I refuse to go along with that. And as long as I'm President, I never will.

Saudi Arabia is a puritanical state that claims a monopoly of wisdom and virtue.

But I do think it's important to remember that writers do not have a monopoly of wisdom on their books. They can be wrong about their own books, they can often learn about their own books.

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