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Bible Dictionaries
Monopoly

Webster's Dictionary

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(1):

(n.) Exclusive possession; as, a monopoly of land.

(2):

(n.) The exclusive power, or privilege of selling a commodity; the exclusive power, right, or privilege of dealing in some article, or of trading in some market; sole command of the traffic in anything, however obtained; as, the proprietor of a patented article is given a monopoly of its sale for a limited time; chartered trading companies have sometimes had a monopoly of trade with remote regions; a combination of traders may get a monopoly of a particular product.

(3):

(n.) The commodity or other material thing to which the monopoly relates; as, tobacco is a monopoly in France.

Bibliography Information
Webster, Noah. Entry for 'Monopoly'. Noah Webster's American Dictionary. https://www.studylight.org/​dictionaries/​eng/​web/​m/monopoly.html. 1828.
 
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