|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|