Definition for MO-NOP'O-LIZE

MO-NOP'O-LIZE, v.t. [Gr. μονος, sole, and πωλεω, to sell; Fr. monopoler.]

  1. To purchase or obtain possession of the whole of any commodity or goods in market with the view of selling them at advanced prices, and of having the power of commanding the prices, as, to monopolize sugar or tea.
  2. To engross or obtain by any means the exclusive right of trading to any place, and the sole power of vending any commodity or goods in a particular place or country; as, to monopolize the India or Levant trade.
  3. To obtain the whole; as, to monopolize advantages. – Federalist, Jay.

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