OLIGOPSONY


Meaning of OLIGOPSONY in English

transcription, транскрипция: [ -ˈgäp-sə-nē ]

noun

Etymology: olig- + Greek opsōnia purchase of victuals, from opsōnein to purchase victuals, from opson food + ōneisthai to buy — more at venal

Date: 1942

: a market situation in which each of a few buyers exerts a disproportionate influence on the market

• ol·i·gop·so·nis·tic -ˌgäp-sə-ˈnis-tik adjective

Merriam-Webster's Collegiate English vocabulary.      Энциклопедический словарь английского языка Merriam Webster.