■ noun ( plural monopolies )
1》 the exclusive possession or control of the supply of or trade in a commodity or service.
↘an organization having a ~, or a commodity or service controlled by one.
2》 exclusive possession or control: men don't have a ~ on unrequited love.
3》 ( Monopoly ) trademark a board game in which players engage in simulated property and financial dealings using imitation money.
Origin
C16: via L. from Gk monopōlion , from monos 'single' + pōlein 'sell'.