monopsony
mo·nop·so·ny
noun \mə-ˈnäp-sə-nē\ plural mo·nop·so·nies
Definition of MONOPSONY
: an oligopsony limited to one buyer
— mo·nop·so·nis·tic \-ˌnäp-sə-ˈnis-tik\ adjective
Origin of MONOPSONY
mon- + -opsony (as in oligopsony)
First Known Use: 1933
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