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Definition of Monopoly

Monopoly

  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.
  2. Exclusive possession; as, a monopoly of land.
  3. The commodity or other material thing to which the monopoly relates; as, tobacco is a monopoly in France.
More "Monopoly" Quotations

Monopoly Translations

monopoly in Dutch is alleenhandel, monopolie
monopoly in French is monopole
monopoly in German is Alleinverkauf {m}
monopoly in Italian is esclusiva, esclusiva
monopoly in Spanish is monopolio
monopoly in Swedish is monopol
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