Monopoly Mo*nop"o*ly, n.; pl. {Monopolies}. [L. monopolium, Gr. ?, ?; mo`nos alone + ? to sell.] 1. The exclusive power, or privilege of selling a commodity; the exclusive power, right, or privilege of dealing in some article, or of trading in some market; sole command of the traffic in anything, however obtained; as, the proprietor of a patented article is given a monopoly of its sale for a limited time; chartered trading companies have sometimes had a monopoly of trade with remote regions; a combination of traders may get a monopoly of a particular product. [1913 Webster]

Raleigh held a monopoly of cards, Essex a monopoly of sweet wines. --Macaulay. [1913 Webster]

2. Exclusive possession; as, a monopoly of land. [1913 Webster]

If I had a monopoly out, they would have part on 't. --Shak. [1913 Webster]

3. The commodity or other material thing to which the monopoly relates; as, tobacco is a monopoly in France. [Colloq.] [1913 Webster]

The Collaborative International Dictionary of English. 2000.