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Raremonopsony
The correct spelling is monopsony.
How to pronounce monopsony
/məˈnɑpsəni/
nounIPA: /məˈnɑpsəni/
Say it like: Mon-ops-onee
The correct spelling is monopsony. A market situation in which there is only one buyer for a product.
Usage Examples
No usage examples in context are available for this word.
Definition
noun
- 1.A market situation in which there is only one buyer for a product.
- 2.A buyer with disproportionate power.
Similar words
Words related in meaning — check their spelling too.