Word Explorer

Monopsony

/məˈnɑpsəni/

A market situation in which there is only one buyer for a product.

📖 Definitions of "Monopsony"

noun
  1. 1

    A market situation in which there is only one buyer for a product.

  2. 2

    A buyer with disproportionate power.

Translate “Monopsony” into Another Language

Pick a language — the word will be pre-filled in the translator.

Home/Dictionary/Monopsony