English dictionary

monopoly meaning and definition

Definition and meaning of monopoly at MeaningMonkey.org. monopoly meaning and definition in the English Dictionary.


Definition of monopoly (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"
  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
Source: Princeton University Wordnet

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