Quantcast
Merriam-Webster Logo
  • Dictionary
  • Thesaurus
  • Medical
  • Scrabble
  • Spanish Central
  • Learner's Dictionary

monopoly

play
noun mo·nop·o·ly \mə-ˈnä-p(ə-)lē\

Simple Definition of monopoly

  • : complete control of the entire supply of goods or of a service in a certain area or market

  • : a large company that has a monopoly

  • : complete ownership or control of something

Source: Merriam-Webster's Learner's Dictionary

Full Definition of monopoly

plural monopolies

  1. 1 :  exclusive ownership through legal privilege, command of supply, or concerted action

  2. 2 :  exclusive possession or control

  3. 3 :  a commodity controlled by one party

  4. 4 :  one that has a monopoly

Examples of monopoly in a sentence

  1. The government passed laws intended to break up monopolies.



Origin of monopoly

Latin monopolium, from Greek monopōlion, from mon- + pōlein to sell


First Known Use: 1534


MONOPOLY Defined for Kids

monopoly

play
noun mo·nop·o·ly \mə-ˈnä-pə-lē\

Definition of monopoly for Students

plural monopolies

  1. 1 :  complete ownership or control of the entire supply of goods or a service in a certain market

  2. 2 :  a person or group having complete control over something <The laws are intended to prevent monopolies.>

  3. 3 :  complete ownership or control of something <He thinks he has a monopoly on the truth.>




Law Dictionary

monopoly

play
noun mo·nop·o·ly \mə-ˈnä-pə-lē\

Legal Definition of monopoly

plural monopolies

  1. 1 :  exclusive control of a particular market that is marked by the power to control prices and exclude competition and that esp. is developed willfully rather than as the result of superior products or skill — see also antitrust, Sherman Antitrust Act

  2. 2 :  one that has a monopoly





Seen and Heard

What made you want to look up monopoly? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

a smart aleck

Get Word of the Day daily email!

WORD GAMES

Take a 3-minute break and test your skills!

image567572573

Which of these is a synonym of unctuous?

maudlin oily angry prompt
Name That Thing

Test your visual vocabulary with our 10-question challenge!

TAKE THE QUIZ
SCRABBLE® Sprint

Test Your Knowledge - and learn some interesting things along the way.

TAKE THE QUIZ