1. [ noun ] (economics) a market in which there are many buyers but only one seller

"a monopoly on silver" "when you have a monopoly you can ask any price you like"

Related terms: market corner economics monopolize
2. [ noun ] exclusive control or possession of something

"They have no monopoly on intelligence"

Related terms: dominance monopolize
3. [ noun ] (trademark) 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
Related terms: board_game trademark
Similar spelling:   monopolize