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Meaning of monopoly


1 definition found

From WordNet (r) 3.0 (2006) [wn]:

  monopoly
      n 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"
      2: exclusive control or possession of something; "They have no
         monopoly on intelligence"
      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


WordNet ® Princeton University. http://wordnet.princeton.edu

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