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MONOPSONIST

 - 3 dictionary results

mo⋅nop⋅so⋅ny

  [muh-nop-suh-nee]
Use MONOPSONIST in a Sentence
–noun, plural -nies.
the market condition that exists when there is one buyer.

Origin:
1930–35; mon- + Gk opsōnía shopping, purchase of provisions

Related forms:
mo⋅nop⋅so⋅nist, noun
mo⋅nop⋅so⋅nis⋅tic, adjective
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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mo·nop·so·ny   (mə-nŏp'sə-nē)   
n.   pl. mo·nop·so·nies
A market situation in which the product or service of several sellers is sought by only one buyer.

[mon(o)- + Greek opsōniā, purchase of food; see duopsony.]
mo·nop'so·nist n., mo·nop'so·nis'tic adj.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Financial Dictionary

monopsony

Of, relating to, or being a market in which there is a single buyer of a particular good or service. Businesses selling in a market characterized by monopsony are likely to suffer below-average profitability because of the lack of alternative outlets for their products. Compare monopoly.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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