MONOPSONY


Meaning of MONOPSONY in English

 ̷ ̷ˈ ̷ ̷ ̷ ̷nē noun

( -es )

Etymology: mon- + Greek opsōnia purchase of victuals, catering — more at duopsony

: a market situation in which there is a single buyer for a given product or service from a large number of sellers — compare duopsony , oligopsony

Webster's New International English Dictionary.      Новый международный словарь английского языка Webster.