monopoly 1
noundomain: state
Princeton WordNet [ver.3.1]
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EnglishDefinition
(economics) a market in which there are many buyers but only one seller
Examples
- 1.when you have a monopoly you can ask any price you like
- 2.a monopoly on silver
Hypernym
market 1
noun
the world of commercial activity where goods and services are bought and sold
Domain_of_synset_-_TOPIC
economics 1
noun
the branch of social science that deals with the production and distribution and consumption of goods and services and their management
EnglishDerivationally related form
monopolistic 1
adjective
having exclusive control over a commercial activity by possession or legal grant
monopolize 2
verb
have or exploit a monopoly of
monopolise 2
verb
have or exploit a monopoly of
monopolize 1
verb
have and control fully and exclusively
Hyponym
corner 7
noun
a temporary monopoly on a kind of commercial trade
Member_of_this_domain_-_TOPIC
economics 1
noun
the branch of social science that deals with the production and distribution and consumption of goods and services and their management
