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English to English noun
| 1 |
(economics) a market in which there are many buyers but only one seller |  | Example: a monopoly on silver
when you have a monopoly you can ask any price you like
source: wordnet30
| 2 |
exclusive control or possession of something | | Example: They have no monopoly on intelligence
source: wordnet30
| 3 |
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 | | source: wordnet30
| 4 |
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. | | source: webster1913
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