monopoly Urdu Meaning
Monopoly - Urdu Meaning and Translation of Monopoly (ٹھیکہ - thaika), Total 3 meanings for Monopoly , Roman Urdu Meaning for word Monopoly , Synonyms, Antonyms, Image/Illustration, English Definition and more.
1. n. a board game in which players try to gain a monopoly on real estate as pieces advance around the board according to the throw of a die
2. n. exclusive control or possession of something
3. n. (economics) a market in which there are many buyers but only one seller
A monopoly (from Greek μόνος mónos ("alone" or "single") and πωλεῖν pōleîn ("to sell")) exists when a specific person or enterprise is the only supplier of a particular commodity (this contrasts with a monopsony which relates to a single entity's control of a market to purchase a good or service, and with oligopoly which consists of a few entities dominating an industry).
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