noun Loosely, a company or corporation which enjoys a monopoly.įrom the GNU version of the Collaborative International Dictionary of English.noun The possession or assumption of anything to the exclusion of other possessors: thus, a man is popularly said to have a monopoly of any business of which he has acquired complete control.noun That which is the subject of a monopoly: as, in Bengal opium is a monopoly.
noun Exclusive control by one group of the means of producing or selling a commodity or service.From The American Heritage® Dictionary of the English Language, 5th Edition.