1828 dictionary Noah Webster's 1828 American Dictionary 1828 webster
Noah Webster's 1828 American Dictionary
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M  ›  monopoly
M  ›  monopoly
1828 Definition

MONOP'OLY, n. [L.monopolium.] The sole power of vending any species of goods, obtained either by engrossing the articles in market by purchase, or by a license from the government confirming this privilege. Thus the East India Company in Great Britain has a monopoly of the trade to the East Indies, granted to them by charter. Monopolies by individuals obtained by engrossing, are an offense prohibited by law. But a man has by natural right the exclusive power of vending his own produce or manufactures,and to retain that exclusive right is not a monopoly within the meaning of law.

1913 Definition
Monopoly (monopoly)
n.(?)
Mo*nop"o*ly
; pl. Monopolies (#). [L. monopolium, Gr. (?), (?); mo`nos alone + (?) to sell.]
  1. The exclusive power, or privilege of selling a commodity; the exclusive power, right, or privilege of dealing in some article, or of trading in some market; sole command of the traffic in anything, however obtained; as, the proprietor of a patented article is given a monopoly of its sale for a limited time; chartered trading companies have sometimes had a monopoly of trade with remote regions; a combination of traders may get a monopoly of a particular product.

    Raleigh held a monopoly of cards, Essex a monopoly of sweet wines. Macaulay.

  2. Exclusive possession; as, a monopoly of land.

    If I had a monopoly out, they would have part on 't. Shak.

  3. The commodity or other material thing to which the monopoly relates; as, tobacco is a monopoly in France.
    [Colloq.]

1828 dictionary
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