monopsony
noun
- Definition
- (economics) a market in which goods or services are offered by several sellers but there is only one buyer
- Example
- Here is an example sentence using 'monopsony': She showed great monopsony during the competition.
- Etymology
- No etymology available.
Quick Facts
Palindrome
No
Compound Word
No
Proper Noun
No
Rare
No
Archaic
No
Obsolete
No
Slang
No
Vowels
3
Consonants
6
Length
9