oligopsony
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About Our Definitions: All forms of a word (noun, verb, etc.) are now displayed on one page.ol·i·gop·so·ny
noun \-ˈgäp-sə-nē\Definition of OLIGOPSONY
: a market situation in which each of a few buyers exerts a disproportionate influence on the market
— ol·i·gop·so·nis·tic \-ˌgäp-sə-ˈnis-tik\ adjective
Origin of OLIGOPSONY
olig- + Greek opsōnia purchase of victuals, from opsōnein to purchase victuals, from opson food + ōneisthai to buy — more at venal
First Known Use: 1942
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