Meaning Of The Word Monopoly

Real Dictionary
  1. Real Dictionary
  2. M Words Definitions
  3. Section M-279
  4. Monopoly

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Monopoly Meaning

Monopoly Definition
Monopoly Definition

What's The Definition Of Monopoly?

monopoly
If a company, person, or state has a monopoly on something such as an industry, they have complete control over it, so that it is impossible for others to become involved in it.

monopoly in American English
a game played on a special board by two or more players: they move according to the throw of dice, engaging in mock real estate transactions with play money
exclusive control of a commodity or service in a given market, or control that makes possible the fixing of prices and the virtual elimination of free competition
noun: exclusive control of a commodity or service in a particular market, or a control that makes possible the manipulation of prices

monopoly in British English
noun: a board game for two to six players who throw dice to advance their tokens around a board, the object being to acquire the property on which their tokens land
noun: exclusive control of the market supply of a product or service

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