monopoly

Definitions


[məˈnɒpəli], (Noun)

Definitions:
- the exclusive possession or control of the supply of or trade in a commodity or service
(e.g: the state's monopoly of radio and television broadcasting)

- a board game in which players engage in simulated property and financial dealings using imitation money. It was invented in the US and introduced in 1933 by Charles Darrow; a forerunner of the game had been patented on 5 January 1904 as ‘The Landlord's Game’ by Elizabeth J. Magie


Phrases:

Origin:
mid 16th century: via Latin from Greek monopōlion, from monos ‘single’ + pōlein ‘sell’




definition by Oxford Dictionaries