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English expressions, clearly explained.

Monopoly Meaning, Definition, and Synonyms

monopoly meaning photo

Monopoly is most often used to mean exclusivelimited to one person, group, or purpose; not shared with others controlthe power to direct, manage, or influence something over something, especially in business or trade. It can also refer to a marketthe area or system where buyers and sellers trade goods or services with only one seller, and it is the name of a popular board game.

Reviewed with OpenAI Decisions. Assessment: accurate. Checked: 2026-10-16. AI assessment; not a guarantee of accuracy.

Pronunciation

AI-generated pronunciation audio (OpenAI).

Accent: General American English

IPA: /məˈnɑpəli/

Easy pronunciation: muh-NAH-puh-lee (approximate spelling).

Stress: Primary stress on the second syllable.

Used for the sense of exclusive control or possession of something.

Reviewed with OpenAI Decisions. Assessment: accurate. Checked: 2026-10-16. AI assessment; not a guarantee of accuracy.

Monopoly Meaning

the only control or ownership of something

Part of speech: noun

Definition: exclusive control or possession of something

Example: They have no monopoly on intelligence.

Synonyms for this meaning:

  • exclusive control — A close match for the main sense of having sole control.
  • exclusive possession — Works well when the focus is on owning or holding something alone.

Reviewed with OpenAI Decisions. Assessment: accurate. Checked: 2026-10-16. AI assessment; not a guarantee of accuracy.

Other Meanings of Monopoly

Meaning 2

a market with just one seller

Part of speech: noun

Definition: (economics) a market in which there are many buyers but only one seller

Example: The company had a monopoly on silver.

Synonyms for this meaning:

  • exclusive control — Can fit the economic sense when one company controls the whole market, but it is broader than the technical term.

Meaning 3

a game where players buy property and try to win by controlling the board

Part of speech: noun

Definition: 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

Example: We played Monopoly after dinner.

Reviewed with OpenAI Decisions. Assessment: uncertain — manual review needed. Checked: 2026-10-16. AI assessment; not a guarantee of accuracy.

Monopoly Synonyms

Similar Meaning

  • exclusive control
  • exclusive possession

economic situation with only one seller

  • exclusive control

Reviewed with OpenAI Decisions. Assessment: uncertain — manual review needed. Checked: 2026-10-16. AI assessment; not a guarantee of accuracy.

Common Mistakes

  • Do not use monopoly to mean any monopoly-like advantage; it specifically involves sole control, or in economics, one seller in a market.
  • The board game Monopoly is a proper noun and should be capitalized.

Reviewed with OpenAI Decisions. Assessment: uncertain — manual review needed. Checked: 2026-10-16. AI assessment; not a guarantee of accuracy.

Frequently Asked Questions

What does monopoly mean in simple English?

A monopoly is when one person, company, or group has the only control over something, or when one seller dominates a market.

What is a monopoly in business?

In business, a monopoly is a market situation where only one seller supplies a product or service.

What are good synonyms for monopoly?

For the main sense, good synonyms include exclusive control and exclusive possession, depending on the context.

Is Monopoly a common noun or a proper noun?

When talking about the board game, Monopoly is a proper noun and is capitalized. In the general sense, monopoly is a common noun.

Reviewed with OpenAI Decisions. Assessment: accurate. Checked: 2026-10-16. AI assessment; not a guarantee of accuracy.

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