Associations to the word «Monopsony»

Wiktionary

MONOPSONY, noun. A market situation in which there is only one buyer for a product; such a buyer.
MONOPSONY, noun. A buyer with disproportionate power.

Dictionary definition

MONOPSONY, noun. (economics) a market in which goods or services are offered by several sellers but there is only one buyer.

Wise words

When ideas fail, words come in very handy.
Johann Wolfgang von Goethe