monopoly
Pronunciation: [məˈnɑːpəli]
Word
Context: “business”
(noun) a situation where a single company or group controls all or most of the industry or market for a product or service. It's like if only one store in town sold candy, and nobody else could sell it.
Example
The company created a monopoly by buying all the other candy shops.
Example
The new law prevents the formation of monopolies, allowing more candy shops to open.
Example
What happens when a business has a monopoly in the market?
Context: “games”
(noun) a popular board game where players buy, sell, and trade properties to become the richest player. In this game, you try to own all the important places on the board.
Example
We played Monopoly last night and had so much fun trading properties.
Example
He didn't want to play Monopoly because he found it too boring and long.
Example
Have you ever finished a game of Monopoly without anyone quitting?
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