Meaning Of The Word Monopoly

Real Dictionary

What's the definition of Monopoly? Find Monopoly meanings, definitions and more at the Real Dictionary online.

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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