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monopsony
mo·nop·so·ny
[
mə nópsənee
]
(
plural
mo·nop·so·nies
)
noun
Definition:
single-customer market:
a situation in which a product or service is only bought and used by one customer
[
Mid-20th century. <mono- + Greek
opsōnein
"purchase provisions"
]
mo·nop·so·nist
noun
mo·nop·so·nis·tic
[
mə nòpsə nístik
]
adjective
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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