monopolize

Meanings

• verb

  To hold a complete monopoly in a particular market or industry, controlling production and pricing.

  - "The company monopolizes the market for soft drinks."
  - "The government attempted to break up the monopoly."
  - "The monopoly on essential resources gave the company immense power."

• verb

  To occupy or use excessively, denying others the opportunity to use or benefit.

  - "He monopolized the conversation, leaving no room for others to speak."
  - "She monopolized the best parking spots."
  - "The team monopolized the ball in the last quarter."

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Pronunciation

1. 
   
   
   
   Source: "https://commons.wikimedia.org/w/index.php?curid=1785205"

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Synonyms

corner , dominate , hog , take over

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Rhymes

Words rhyming with monopolize
monopoly , police , apology , symphony

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Variants

List of all variants of monopolize that leads to same result
monopolization , monopolizations , monopolize , monopolized , monopolizer , monopolizers , monopolizes , monopolizing , monopolise , monopolised , monopolises , monopolising

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Etymology

origin and the way in which meanings have changed throughout history.

From Middle English monopolie, from Old French monopole, from monopoler to have a monopoly, from mono- 'one' + pole 'a staff, rule'.

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. The term 'monopoly' comes from the Greek word monopolios, meaning 'single vendor'.

2. The longest-lasting monopoly in history was the British East India Company, which existed from 1600 to 1947.

3. The term 'monopoly' is often used metaphorically to describe situations where one person or entity has excessive control or influence.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. Monopoly: A market structure where a single seller or a group of sellers control the entire market, setting prices and determining output.

2. Competition: A market structure where multiple sellers compete for consumers, leading to lower prices and improved quality.

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

Monopolies have been a subject of concern in economics and politics, with debates over their impact on competition, consumer welfare, and economic efficiency. Monopolies have been depicted in various forms of literature, such as George Orwell's 'Animal Farm', where the pigs monopolize power and control.

How to Memorize "monopolize"

1. visualize
   

   - Visualize a single entity controlling an entire market, setting prices and determining output.

2. associate
   

   - Associate monopolize with the idea of control and dominance.

3. mnemonics
   

   - Use the mnemonic 'Monopoly Means One' to remember the definition.

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