Monopoly: meaning, definitions and examples
๐ฒ
monopoly
[ mษหnษpษli ]
board game
Monopoly is a popular board game where players buy, sell, and trade properties to become the wealthiest player. The goal is to bankrupt opponents by charging rent when they land on your properties. The game involves strategy, negotiation, and luck.
Synonyms
board game, property trading game, real estate game.
Examples of usage
- Let's play Monopoly this weekend!
- I always try to buy the orange properties first in Monopoly.
business
Monopoly also refers to a situation where one company or group has exclusive control over a market, allowing them to eliminate competition and control prices. This can lead to higher prices for consumers and less innovation in the market.
Synonyms
control, dominance, monopolistic control.
Which Synonym Should You Choose?
| Word | Description / Examples |
|---|---|
| monopoly |
This is the same word as listed previously. See the first entry for description.
|
| dominance |
The state of being dominant or having a commanding influence over others; often used in contexts describing hierarchies or power structures.
|
| control |
The power to influence or direct people's behavior or the course of events; can be used in various contexts involving regulation or management.
|
| monopolistic control |
Describes a situation where a single entity has significant power over a market, often leading to anti-competitive practices. This term usually carries a negative connotation.
|
Examples of usage
- The government implemented regulations to prevent monopolies from forming.
- The company was accused of engaging in anti-competitive practices to maintain its monopoly.
Translations
Translations of the word "monopoly" in other languages:
๐ต๐น monopรณlio
๐ฎ๐ณ เคเคเคพเคงเคฟเคเคพเคฐ
๐ฉ๐ช Monopol
๐ฎ๐ฉ monopoli
๐บ๐ฆ ะผะพะฝะพะฟะพะปัั
๐ต๐ฑ monopol
๐ฏ๐ต ็ฌๅ (ใฉใใใ)
๐ซ๐ท monopole
๐ช๐ธ monopolio
๐น๐ท tekel
๐ฐ๐ท ๋ ์ (๋ ์ )
๐ธ๐ฆ ุงุญุชูุงุฑ
๐จ๐ฟ monopol
๐ธ๐ฐ monopol
๐จ๐ณ ๅๆญ (lวngduร n)
๐ธ๐ฎ monopol
๐ฎ๐ธ einokun
๐ฐ๐ฟ ะผะพะฝะพะฟะพะปะธั
๐ฌ๐ช แแแแแแแแแ
๐ฆ๐ฟ monopoliya
๐ฒ๐ฝ monopolio
Etymology
The term 'monopoly' originated from the Greek words 'monos' (single) and 'polein' (to sell), meaning 'the exclusive right to sell.' The concept of monopolies has been present throughout history, with powerful individuals or companies seeking to control markets for profit. Monopolies have been a topic of debate, with governments enacting antitrust laws to prevent unfair business practices and promote competition.