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monopoly
has definitions from the fields of games,economics,business
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[ noun ] (economics) a market in which there are many buyers but only one seller
Examples "a monopoly on silver" "when you have a monopoly you can ask any price you like" Used in print (Robert A. Futterman, The Future of Our Cities....)It is interesting to note how many of the plants on Massachusetts ' Route_128 draw most of their income either from the government in non-competitive cost-plus arrangements , or from the exploitation of patents which grant at_least a partial monopoly . Related terms |
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[ noun ] exclusive control or possession of something
Examples "They have no monopoly on intelligence" Used in print (The Department of State: A Fresh Look at the...)It is the concern of the Department_of_State that the American people are safe and secure - defense is not a monopoly concern of the Department_of_Defense . Related terms |
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[ noun ] (trademark) 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
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