monopoly
/məˈnɒpəli/noun
उच्चारण मनॉपली
एकाधिकार
Advanced wordPYP · asked 2 times
Asked in previous papers
as one-word substitution
- 1
[C, usually sing.] ~ (in/on/of sth)
the complete control of trade in particular goods or the supply of a particular service; the right to have this control
एकाधिकार
- The East India Company had a monopoly on trade with India.
- The company enjoyed a monopoly in the town until a new rival opened a shop.
- The state railway once had a monopoly on long-distance travel.
+ 2 more examples
- The company lost its monopoly when new firms entered the market.
- A monopoly in the water supply can lead to high prices.
Synonyms exclusive control dominance cartel trust domination
Opposite competition free market
- 2
[C, usually sing.] ~ on/of sth
the complete control, possession or use of something; something that belongs only to one person or group
(किसी चीज़ पर) एकमात्र अधिकार
- No party has a monopoly on truth.
- The group claims to have a monopoly on wisdom, but no one agrees.
- Men do not have a monopoly on courage.
+ 2 more examples
- No single city has a monopoly on culture.
- She believes that experts have no monopoly on common sense.
Synonyms exclusive right sole possession ownership
◇Word family
≈Synonyms and antonyms
Synonyms
exclusive control dominance cartel trust domination exclusive right sole possession ownership
Antonyms
AaSpelling
mo·nop·o·ly
With -nop- (not 'monopolly').
बीच में -nop- ('monopolly' गलत है)।
⌂Word origin and word building
Mono- means one, -poly from the Greek for sell: one seller.
Mono- का अर्थ एक, -poly यूनानी 'बेचना' से: एक विक्रेता।
✓In the exam
General knowledge
Economics: a market with one seller is a monopoly; with one buyer a monopsony; with a few sellers an oligopoly; with many sellers perfect competition.
अर्थशास्त्र में एक विक्रेता वाला बाज़ार monopoly; एक क्रेता वाला monopsony; कुछ विक्रेताओं वाला oligopoly; बहुत विक्रेताओं वाला perfect competition।
The Charter Act of 1813 ended the East India Company's trade monopoly in India (except tea and trade with China).
1813 के Charter Act ने भारत में ईस्ट इंडिया कंपनी का व्यापार एकाधिकार समाप्त किया (चाय और चीन के व्यापार को छोड़कर)।