Businessthe exclusive and complete control (as by a business) of a product, service, or invention that makes it possible to control prices: [uncountable]the power of monopoly over the oil industry.[countable]a virtual monopoly of machinery.
the exclusive possession or control of something:[countable]He doesn't have a monopoly on brain power.
Business a company or group that has such control:[countable]He ran a monopoly in the shipping business.
mo•nop•o•list,n.[countable] mo•nop•o•lis•tic,adj. mo•nop•o•li•za•tion/məˌnɑpəlɪˈzeɪʃən/USA pronunciationn.[uncountable]the monopolization of his attentions.
Businessexclusive control of a commodity or service in a particular market, or a control that makes possible the manipulation of prices. Cf. duopoly, oligopoly.
Businessan exclusive privilege to carry on a business, traffic, or service, granted by a government.
the exclusive possession or control of something.
something that is the subject of such control, as a commodity or service.
Businessa company or group that has such control.
Businessthe market condition that exists when there is only one seller.
Games(cap.) a board game in which a player attempts to gain a monopoly of real estate by advancing around the board and purchasing property, acquiring capital by collecting rent from other players whose pieces land on that property.
Greek monopó̄lion right of exclusive sale, equivalent. to mono-mono- + pōl(eîn) to sell + -ion noun, nominal suffix