monopoly

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

Definition of monopoly

plural monopolies
1 :exclusive ownership through legal privilege, command of supply, or concerted action
2 :exclusive possession or control
  • no country has a monopoly on morality or truth
  • —Helen M. Lynd
3 :a commodity controlled by one party
  • had a monopoly on flint from their quarries
  • —Barbara A. Leitch
4 :one that has a monopoly
  • The government passed laws intended to break up monopolies.

Examples of monopoly in a Sentence

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

Recent Examples of monopoly from the Web

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'monopoly.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

Origin and Etymology of monopoly

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


MONOPOLY Defined for English Language Learners

monopoly

play
noun

Definition of monopoly for English Language Learners

  • : 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


MONOPOLY Defined for Kids

monopoly

play
noun mo·nop·o·ly \ mə-ˈnä-pə-lē \

Definition of monopoly for Students

plural monopolies
1 :complete ownership or control of the entire supply of goods or a service in a certain market
2 :a person or group having complete control over something
  • The laws are intended to prevent monopolies.
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 :exclusive control of a particular market that is marked by the power to control prices and exclude competition and that especially is developed willfully rather than as the result of superior products or skill — see also antitrust, Sherman Antitrust Act
2 :one that has a monopoly


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