Library / English Dictionary |
MONOPOLY
Pronunciation (US): | (GB): |
I. (noun)
Sense 1
Meaning:
A board game in which players try to gain a monopoly on real estate as pieces advance around the board according to the throw of a die
Classified under:
Nouns denoting acts or actions
Hypernyms ("Monopoly" is a kind of...):
board game (a game played on a specially designed board)
Domain usage:
trademark (a formally registered symbol identifying the manufacturer or distributor of a product)
Sense 2
Meaning:
Exclusive control or possession of something
Example:
They have no monopoly on intelligence
Classified under:
Nouns denoting stable states of affairs
Hypernyms ("monopoly" is a kind of...):
ascendance; ascendancy; ascendence; ascendency; control; dominance (the state that exists when one person or group has power over another)
Derivation:
monopolise (have or exploit a monopoly of)
monopolist (someone who monopolizes the means of producing or selling something)
monopolize (have or exploit a monopoly of)
monopolize (have and control fully and exclusively)
Sense 3
Meaning:
(economics) a market in which there are many buyers but only one seller
Example:
when you have a monopoly you can ask any price you like
Classified under:
Nouns denoting stable states of affairs
Hypernyms ("monopoly" is a kind of...):
market; market place; marketplace (the world of commercial activity where goods and services are bought and sold)
Domain category:
economic science; economics; political economy (the branch of social science that deals with the production and distribution and consumption of goods and services and their management)
Hyponyms (each of the following is a kind of "monopoly"):
corner (a temporary monopoly on a kind of commercial trade)
Derivation:
monopolise (have or exploit a monopoly of)
monopolistic (having exclusive control over a commercial activity by possession or legal grant)
monopolize (have or exploit a monopoly of)
monopolize (have and control fully and exclusively)