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Monopoly - Dictionary Definition and Overview |
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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 [syn: Monopoly]
Based on WordNet 2.0
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Monopoly : \Mo*nop"o*ly\, n.; pl. Monopolies. [L. monopolium,
Gr. ?, ?; mo`nos alone _ ? to sell.]
1. 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.
Raleigh held a monopoly of cards, Essex a monopoly
of sweet wines. --Macaulay.
2. Exclusive possession; as, a monopoly of land.
If I had a monopoly out, they would have part on 't.
--Shak.
3. The commodity or other material thing to which the
monopoly relates; as, tobacco is a monopoly in France.
[Colloq.]
Based on Webster's Revised Unabridged Dictionary
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MONOPOLY, commercial law. This word has various significations. 1. It is the
abuse of free commerce by which one or more individuals have procured the
advantage of selling alone all of a particular kind of merchandise, to the
detriment of the public.
2.-2. All combinations among merchants to raise the price of
merchandise to the injury of the public, is also said to be a monopoly.
3.-3. AMonopoly : is also an institution or allowance by a grant from
the sovereign power of a state, by commission, letters patent, or otherwise,
to any person, or corporation, by which the exclusive right of buying,
selling, making, working, or using anything, is given. Bac. Abr. h.t.; 3
Inst. 181.
4. The constitutions of Maryland, North Carolina, and Tennessee,
declare that "monopolies are contrary to the genius of a free government,
and ought not to be allowed." Vide art. Copyright; Patent.
Based on Webster's Revised Unabridged Dictionary (1913)
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Example Usage of Monopoly |
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monopoly: Updated my blog with The Taylor Made Raylor Hybrid Golf-Club - A Review. http://bit.ly/8bBJxa |
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fjridruejo: Jesusencinar.com : Las pujas en Google con dinero del Monopoly (cupones de descuento) suben el coste de los clicks http://bit.ly/7kJAaV |
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bubbie209: Lmao. I'm playing Monopoly with @t_mod. I've hit free parking with 10 million like 5 times. Ha ha i'm beating her ass. |
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