monopoly
3 synonyms and 0 antonyms for monopoly, grouped by meaning and by how common each one is.
Noun — Complete or exclusive control over the supply of a product or service, shutting out competitors.
Synonyms
Less common
Still standard English, but they carry more weight.
Rare, literary or technical
Precise, but they will stand out — check the sense before using one.
How to use monopoly
The word patterns that sound natural to a native speaker.
Etymology
From Latin monopolium, from Greek monopolion, "the exclusive right to sell," combining monos (sole) with poleo (to sell).
Full origin of monopoly →Frequently asked questions
What does “monopoly” mean?
The word “monopoly” means complete or exclusive control over the supply of a product or service, shutting out competitors. In plain terms, total control of a market or industry by a single company, with no real competition left.
How do you pronounce “monopoly”?
“Monopoly” is pronounced muh-NO-puh-lee (/məˈnɑpəli/ in IPA).
How do you use “monopoly” in a sentence?
Here is “monopoly” used in a sentence: “The utility company held a monopoly over electricity in the region.”
What part of speech is “monopoly”?
“Monopoly” is a noun.
Where does the word “monopoly” come from?
The word “monopoly” comes from Latin. From Latin monopolium, from Greek monopolion, "the exclusive right to sell," combining monos (sole) with poleo (to sell).
Is “monopoly” a common word?
“Monopoly” is a fairly common word in modern English.
What is the difference between a monopoly and an oligopoly?
A monopoly involves complete or exclusive control over the supply of a product or service by a single entity, shutting out competitors entirely, while an oligopoly involves control shared among a small number of firms rather than just one.
What is an example of the word monopoly used outside of business?
Monopoly can be used figuratively to describe exclusive control over anything, not just goods or services, such as a country having a monopoly on a natural resource or a group having a monopoly on decision-making power.
How is monopoly typically used in a sentence about business?
Monopoly is often used with verbs like hold, have, or break, as in the company held a monopoly on the market, describing exclusive control that shuts out competing suppliers.