CEFR B2

monopsony

noun

Meaning

monopsony means a market situation in which there is only one buyer for a product. It can have more than one sense, so use the alternate meanings and examples to choose the meaning that matches your sentence.

Examples

The article uses monopsony to mean a market situation in which there is only one buyer for a product.
The teacher asked students to find monopsony in the reading.

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monopsony (B2)

noun

Pronunciation: /məˈnɑpsəni/

Definition

Examples

The article uses monopsony to mean a market situation in which there is only one buyer for a product.
The teacher asked students to find monopsony in the reading.
Check the words around monopsony to choose the right meaning.

How to Use monopsony

a/the monopsony (noun pattern): Use an article when the noun is countable in context. — "The article mentioned a monopsony."
monopsony in context (usage pattern): Use surrounding words to choose the correct sense. — "We checked monopsony in context before translating it."

Antonyms of monopsony

Words with the opposite meaning to monopsony:

monopoly

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