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monopoly Definition

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monopoly
noun(mo-nop-o-ly)
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
monopoly
noun(mo-nop-o-ly)
(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.
monopoly
noun(mo-nop-o-ly)
exclusive control or possession of something
Examples:
They have no monopoly on intelligence.

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