monopsonist

monopsony

[muh-nop-suh-nee]
noun, plural monopsonies.
the market condition that exists when there is one buyer.
Compare duopsony, oligopsony.


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

monopsonist, noun
monopsonistic, adjective
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source Link To monopsonist
Collins
World English Dictionary
monopsony (məˈnɒpsənɪ)
 
n , pl -nies
a situation in which the entire market demand for a product or service consists of only one buyer
 
[C20: mono- + Greek opsōnia purchase, from opsōnein to buy]
 
monopso'nistic
 
adj

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
Cite This Source
Related Words
Copyright © 2014 Dictionary.com, LLC. All rights reserved.
  • Please Login or Sign Up to use the Recent Searches feature