Advertisement

monopoly (n.)

1530s, "exclusive control of a commodity or trade," from Latin monopolium, from Greek monopōlion "right of exclusive sale," from monos "single, alone" (from PIE root *men- (4) "small, isolated") + pōlein "to sell," from PIE root *pel- (4) "to sell."

Alternative form monopole (1540s, from the Old French form of the word) was common in 16c. Meaning "possession of anything to the exclusion of others" is by 1640s; sense of "a company or corporation which enjoys a monopoly" is by 1871. The popular board game, developed in its final version by Charles Darrow (1889-1967) and marketed by Parker Brothers, is from 1935, the year it was a craze. Monopoly money "unreal currency" is attested by 1959, in reference to the paper used in the game.

Others are reading

Advertisement
Definitions of monopoly from WordNet
1
monopoly (n.)
(economics) a market in which there are many buyers but only one seller;
when you have a monopoly you can ask any price you like
a monopoly on silver
monopoly (n.)
exclusive control or possession of something;
They have no monopoly on intelligence
2
Monopoly (n.)
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;
From wordnet.princeton.edu