HyperDic: monopsony

English > 1 sense of the word monopsony:
NOUNstatemonopsony(economics) a market in which goods or services are offered by several sellers but there is only one buyer
English > monopsony: 1 sense > noun 1, state
Meaning(economics) a market in which goods or services are offered by several sellers but there is only one buyer.
Categoryeconomics, economic science, political economyThe branch of social science that deals with the production and distribution and consumption of goods and services and their management
Broadermarket, marketplace, market placeThe world of commercial activity where goods and services are bought and sold
Spanishmonopsonio
Catalanmonopsoni

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