Monopoly

  1. Proper noun.  A board game in which players use play money to buy and trade properties, with the objective of forcing opponents into bankruptcy.
  2. Noun.  A situation, by legal privilege or other agreement, in which solely one party (company, cartel etc.) exclusively provides a particular product or service, dominating that market and generally exerting powerful control over it.
  3. Noun.  An exclusive control over the trade or production of a commodity or service through exclusive possession.
  4. Noun.  The privilege granting the exclusive right to exert such control.
  5. Noun.  (metonymy) The market thus controlled.
  6. Noun.  (metonymy) The holder (person, company or other) of such market domination in one of the the above manners.

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This entry was last updated on RefTopia from its source on 3/20/2012.