monopoly
(noun)
noun
1. (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
Definition categories: state, market, marketplace
2. exclusive control or possession of something
- They have no monopoly on intelligence
Definition categories: state, ascendance, ascendancy, ascendence, ascendency, control, dominance
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
Definition categories: act
Sentences with monopoly as a noun:
- A land monopoly renders its holder(s) nearly almighty in an agricultural society.
- Granting monopolies in concession constitutes a market-conform alternative to taxation for the state, while the crown sometimes bestowed a monopoly as an outrageous gift.