Online English learning Courses
    courses   dictionary
Double-click any word on the page to look it up in the dictionary.

Audio English.org » Dictionary » O » Oleomargarine ... Olla

OLIGOPOLY

Pronunciation (US): 

 Dictionary entry overview: What does oligopoly mean? 

OLIGOPOLY (noun)
  The noun OLIGOPOLY has 1 sense:

1. (economics) a market in which control over the supply of a commodity is in the hands of a small number of producers and each one can influence prices and affect competitors

  Familiarity information: OLIGOPOLY used as a noun is very rare.


 Dictionary entry details 


OLIGOPOLY (noun)


Sense 1oligopoly [BACK TO TOP]

Meaning:

(economics) a market in which control over the supply of a commodity is in the hands of a small number of producers and each one can influence prices and affect competitors

Classified under:

Nouns denoting stable states of affairs

Hypernyms ("oligopoly" is a kind of...):

market; marketplace (the world of commercial activity where goods and services are bought and sold)

Domain category:

economic science; economics; political economy (the branch of social science that deals with the production and distribution and consumption of goods and services and their management)


 Learn English with... Proverbs of the week 
"The only stupid question is the one that is not asked." (English proverb)

"Whatever you sow, you reap." (Afghanistan proverb)

"If you have money you can make the devil push your grind stone." (Chinese proverb)

"Some work, others merely daydream." (Corsican proverb)

 OLIGOPOLY: related words searches 

Page delivered in 0.1004 seconds