Meaning of monopoly in english
WebBritannica Dictionary definition of MONOPOLY. 1. [count] a : complete control of the entire supply of goods or of a service in a certain area or market. The company has … Webmonopoly (in/of/on something) (business) the complete control of trade in particular goods or the supply of a particular service; a type of goods or a service that is controlled in this way In the past central government had a monopoly on television broadcasting. Electricity, gas and water were considered to be natural monopolies.
Meaning of monopoly in english
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Webnoun /məˈnɒpəli/ /məˈnɑːpəli/ (plural monopolies) monopoly (in/of/on something) (business) the complete control of trade in particular goods or the supply of a particular service; a … WebIn economics, a monopoly is a single seller. In law, a monopoly is a business entity that has significant market power, that is, the power to charge overly high prices, which is associated with a decrease in social surplus. Although monopolies may be big businesses, size is not a characteristic of a monopoly.
Webmonopoly noun [ C or S ] uk / məˈnɒp. ə l.i / us / məˈnɑː.p ə l.i / C2 (an organization or group that has) complete control of something, especially an area of business, so that others … WebMonopoly, real-estate board game for two to eight players, in which the player’s goal is to remain financially solvent while forcing opponents into bankruptcy by buying and developing pieces of property.
Webmonopoly noun exclusive control or possession of something इस्तमरार, ... Premium Example "They have no monopoly on intelligence" (economics) a market in which there are many buyers but only one seller Examples "a monopoly on silver" "when you have a monopoly you can ask any price you like" Webmonopoly noun [C] (COMPANY) a company or other organization that has a monopoly in a particular industry (Definition of monopoly from the Cambridge Learner's Dictionary © …
WebThe meaning of MONOPOLIZE is to get a monopoly of : assume complete possession or control of. How to use monopolize in a sentence.
WebJan 25, 2024 · The term monopoly has been derived from Greek term Monopolian that means a single seller. Thus, monopoly is a market condition in which there is a single seller of a particular commodity who is called monopolist and has complete control over the supply of his product. Table of Content [ Hide] Definition of Monopoly skyline pigeon fly chordsWebApr 9, 2024 · monopoly (mənɒpəli ) variable noun [oft with poss] If a company, person, or state has a monopoly on something such as an industry, they have complete control over … skyline physical medicine and rehabilitationWebDefinition and meaning. A monopsony is either a market where only one buyer exists, or where a single buyer dominates the market. We often refer to it as a buyer’s monopoly. The term refers to just the number of buyers. … skyline physiciansWebn., pl. -lies. 1. exclusive control of a commodity or service that makes possible the manipulation of prices. 2. the exclusive possession or control of something. 3. something … skyline pigeon fly lyrics youtubeWebmonopoly ( pl. monopolies) A situation, by legal privilege or other agreement, in which solely one party ( company, cartel etc.) exclusively provides a particular product or service, dominating that market and generally exerting powerful control over it. 2013, August 10th, Can China clean up fast enough?, The Economist, Vol 408, number 8848: sweater fleece mensWebOct 27, 2024 · A monopoly is a highly profitable company due to little or no competition in the market. Such companies have specific terms and policies that make clients give in to their services since they are... sweater fleece pantsWebMeaning: The word monopoly has been derived from the combination of two words i.e., ‘Mono’ and ‘Poly’. Mono refers to a single and poly to control. In this way, monopoly refers to a market situation in which there is only one seller of a commodity. There are no close substitutes for the commodity it produces and there are barriers to entry. sky line pinball machine parts