MONOPSONY
Dictionary entry overview: What does monopsony mean? • MONOPSONY (noun)
The noun MONOPSONY has 1 sense:
1. (economics) a market in which goods or services are offered by several sellers but there is only one buyer
Familiarity information: MONOPSONY used as a noun is very rare.
Dictionary entry details
• MONOPSONY (noun)
Meaning:
(economics) a market in which goods or services are offered by several sellers but there is only one buyer
Classified under:
Nouns denoting stable states of affairs
Hypernyms ("monopsony" is a kind of...):
market; marketplace (the world of commercial activity where goods and services are bought and sold)
Domain category:
economic science; economics; political economy (the branch of social science that deals with the production and distribution and consumption of goods and services and their management)
| Learn English with... Proverbs of the week | |
"Don't shut the barn door after the horse is gone." (English proverb)
"Can you live with the heart of a rabbit?" (Albanian proverb)
"If the water is available you need not clean up with sand." (Arabic proverb)
"Let sleeping dogs lie." (Dutch proverb)
| MONOPSONY: related words searches | |
Page delivered in 0.0594 seconds
|
