mono-, mon-
(Greek: one, alone, single; a number used as a prefix)
monophyletic
Monophysite (s), Monophysites (pl)
1. Someone who believes that Jesus Christ has a single inseparable nature that is both human and divine.
2. An adherent of the doctrine that in the person of Jesus there was but a single, divine nature. Coptic and Syrian Christians profess this doctrine.
Monophysitic
The belief that that Jesus Christ has a single inseparable nature that is both human and divine.
Monophysitism
A Christian heresy of the 5th and 6th centuries that challenged the orthodox definition of the two natures (human and divine) in Jesus and instead believed there was a single divine nature.
monoplegia
1. The inability to move a single limb or a single group of muscles.
2. Paralysis of a limb.
monopod, monopode, monopodium
1. Having just one foot.
2. A creature having only one foot; specifically, one of a race of men fabled to have only one foot, with which they shaded themselves from the heat of the sun .
A true monopodic creature from outer space.
monopodal
monopode
monopodia
monopole, monopolist
Someone who monopolizes or possesses a monopoly; one who favors the practice of monopoly.
Monopolia dicitur, cum unus solus aliquod genus mercature universum emit, pretium ad suum libitum statuens.
It is said to be a monopoly when one person alone buys up the whole of one kind of commodity, fixing a price at his own pleasure.
A legal statement.
monopolium
The sole power, right, or privilege of sale; monopoly.
A legal term.
monopolize
1. To have complete control of an industry or service and prevent other companies or people from participating or competing in it.
2. By extension, to demand or take all of something such as someone's time, attention, or affection.
monopoly
1. A situation in which one company controls an industry or is the only provider of a product or service.
2. A product or service whose supply is controlled by only one company and which has an exclusive control of a commodity or service in a particular market or a control that makes possible the manipulation of prices.
3. In law, a legal right to the exclusive control of an industry or service, as granted by a government.
4. In U.K. law, a situation in which one supplier or producer controls over one third of a market.
A situation in which a single company or group owns all or nearly all of the market for a given type of product or service. By definition, monopoly is characterized by an absence of competition; which often results in high prices and inferior products.
A monopoly is an extreme case used in capitalism and by many governments. Most believe that, with few exceptions, the system just doesn't work when there is only one provider of a product or service because there is no incentive to improve it to meet the demands of consumers. Governments attempt to prevent commercial monopolies from existing through the use of antitrust laws.
Naturally, there are gray areas which take, for example, the granting of patents on new inventions. These provide a monopoly on a product for a set period of time. The reasoning behind patents is to give innovators some time to recoup what are often large research and development costs. In theory, they are a way of using monopolies to promote innovation.
Public monopolies are set up by governments to provide essential services; such as, water, electricity, police services, garbage collecting, etc. So, in such cases, a monopoly is probably much more effcient than an oligopoly or multiopoly would be.
monopsony, monopsonies, monopsonist, monopsonistic
1. A situation in which a particular type of product or service is only being bought or used by one customer.
2. A market situation in which the products or services of several sellers is sought by just one buyer.
3. A market in which goods or services are offered by several sellers but there is only one buyer.
4. A condition in which there is only one buyer for the product of a large number of sellers.