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

Suit the action to the word, the word to the action.
William Shakespeare