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Word: monopoly
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Meaning:
Noun:
- An exclusive control over the trade or production of a commodity or service trough exclusive possession.
- A situation, by legal privilege or other agreement, in which solely one party (company, cartel etc.) exclusively provides a particular product or service, dominating that market and generally exerting powerful control over it.
- metonymy The holder (person, company or other) of such market domination in one of the the above manners.
- metonymy The market thus controled
- The privilege granting the exclusive right to exert such control
Source: Wiktionary
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Proper noun:
- A properties, with the objective of forcing opponents into bankruptcy.
Source: Wiktionary
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