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Define Dictionary Meaning - True Words & Their Meanings
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  4. Monopoly

Monopoly

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  • Soniaundefined Offline
    Soniaundefined Offline
    Sonia
    wrote on last edited by admin
    #1

    The exclusive power, or privilege of selling a commodity;
    the exclusive power, right, or privilege of dealing in some article, or
    of trading in some market; sole command of the traffic in anything,
    however obtained; as, the proprietor of a patented article is given a
    monopoly of its sale for a limited time; chartered trading companies
    have sometimes had a monopoly of trade with remote regions; a
    combination of traders may get a monopoly of a particular product.

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    • Justin Bieberundefined Offline
      Justin Bieberundefined Offline
      Justin Bieber
      wrote on last edited by admin
      #2

      A game that makes children believe in a world of fantasy where [battleships], thimbles, and hats are [sentient] and can own property. On [the plus side], it raises the children to be investors and big-buisness types, which may not be on the plus side according to your views.

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      • Kitundefined Offline
        Kitundefined Offline
        Kit
        wrote on last edited by admin
        #3

        Ruining friendships [since] the [1960s].

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        • Magaretundefined Offline
          Magaretundefined Offline
          Magaret
          wrote on last edited by admin
          #4

          When a single institution becomes so powerful, that it has total control over a certain commodity, service or industry. This cant actually exist, because it cant ever be truly 100%. At least, not until we live in a futurisitic [dystopia] where the government/corporations/intelligent computers/big-headed aliens use mind control, rayguns and/or the Matrix to enforce control.

          An example of an Almost-monopoly is Microsoft, who many people say have a monopoly of the Desktop PC Operating System market. This isnt true, as a small percentage of people use Macs or Linux PCs. Hell, you can even use [FreeBSD] as a desktop system.

          A family game where people play shoes, irons and cowboy hats masquerading as [CEOs] vying for economic world domination. Based largely on luck, but skill/[know-how] can also be used, as is proved by a [sad person] I know who spent his [young life] getting good at the game so that, for once, he would be better than others at something. Usually, however, the game degenerates into petty fights and shouting matches.

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          • Kitundefined Offline
            Kitundefined Offline
            Kit
            wrote on last edited by
            #5

            A word used in place of [sexual intercourse]. Often used in social [setting] between [2 people] in order to talk openly about sex without having anyone else know.

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            • Mernaundefined Offline
              Mernaundefined Offline
              Merna
              wrote on last edited by
              #6

              a term used to [indicate] a person wants to have sex with another person or to [fool around] . [Indiscreet] way of saying, hey you wanna have sex?

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              • Vaniaundefined Offline
                Vaniaundefined Offline
                Vania
                wrote on last edited by admin
                #7

                Where a single institution controls all of the supply for a good in a market.
                However, a monopoly cannot last in the long run, unless a barrier to entry exists in the market.
                Barriers to entry include:

                control of natural resources or inputs
                [economies of scale]
                technological superiority
                legal restrictions imposed by governments, including patents and copyrights.

                A [monopolist] maximizes profit by producing a little less than the market equilibrium, driving up the price of the good. This creates a deadweight [loss to society], (some mutually beneficial transactions are forgone), which is why a monopoly is discouraged or illegal in many parts of the world.

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                • Tanya Shivariundefined Offline
                  Tanya Shivariundefined Offline
                  Tanya Shivari
                  wrote on last edited by admin
                  #8

                  A small, [mythical] being, resembling a [leprechaun], that engages in [inappropriate] activities.

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                  • Tanya Shivariundefined Offline
                    Tanya Shivariundefined Offline
                    Tanya Shivari
                    wrote on last edited by
                    #9

                    [See] [Bill Gates], [Microsoft].

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                    • Gretaundefined Offline
                      Gretaundefined Offline
                      Greta
                      wrote on last edited by admin
                      #10

                      [Monopoly]: A bored, ([pardon] the [Freudian slip]), game.
                      [monopoly]: A legal concept that has been legislated out of existence by attorneys, judges, and legislators. Now that all legal definitions of monopoly are unlawful, simply understand this: When a corporation is so big that it doesnt need to worry about whether consumers like doing business with it, because they have no choice, its a monopoly.

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