Definitions

from The American Heritage® Dictionary of the English Language, 4th Edition

  • n. A market situation in which the product or service of several sellers is sought by only one buyer.

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • n. A market situation in which there is only one buyer for a product.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • n. (economics) a market in which goods or services are offered by several sellers but there is only one buyer

Etymologies

from The American Heritage® Dictionary of the English Language, 4th Edition

mon(o)- + Greek opsōniā, purchase of food; see duopsony.

from Wiktionary, Creative Commons Attribution/Share-Alike License

From mon- +‎ Ancient Greek ὀψωνέω (opsōneō, "buy products") +‎ -y.

Examples

Comments

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  • A buyer's market.

    November 2, 2007

  • Opposite of monopoly?

    February 20, 2007