monopoly
mo
no
ˈnɑ
naa
po
ly
li
li
British pronunciation
/mənˈɒpəli/

Definition & Meaning of "monopoly"in English

Monopoly
01

a type of board game in which players use game currency to buy buildings or streets represented on the board

Wiki
Monopoly definition and meaning

What is "Monopoly"?

Monopoly is a popular board game where players buy, sell, and trade properties to accumulate wealth and bankrupt their opponents. The game is played on a square board with spaces representing properties, utilities, and other special spaces. Players roll dice to move around the board, landing on spaces where they can purchase properties or pay rent to opponents who own them. The goal is to build houses and hotels on properties to increase rent, while avoiding going bankrupt. Players can also draw Chance or Community Chest cards, which provide random events. The game ends when only one player remains with money and property.

example
Examples
The Monopoly game lasted for hours, with everyone strategizing their moves.
They gathered around the table to play Monopoly on family game night.
02

exclusive control or ownership of a particular commodity, service, or resource

example
Examples
The company maintained a monopoly over the regional water supply.
He had a monopoly on rare art pieces in the city.
2.1

a situation in which one organization or entity exclusively controls the production, distribution, or trade of a product or service, making other rivals unable to compete

example
Examples
Many indie bookstores face challenges in a landscape dominated by the monopoly of major online retailers.
The emergence of alternative energy sources is challenging the traditional monopoly of fossil fuel industries.
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