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Monopoly vs Monarchy - What's the difference?

monopoly | monarchy |

As nouns the difference between monopoly and monarchy

is that monopoly is a situation, by legal privilege or other agreement, in which solely one party (company, cartel etc.) exclusively provides a particular product or service, dominating that market and generally exerting powerful control over it while monarchy is a government in which sovereignty is embodied within a single, today usually hereditary head of state (whether as a figurehead or as a powerful ruler).

As a proper noun Monopoly

is a board game in which players use play money to buy and trade properties, with the objective of forcing opponents into bankruptcy.

monopoly

English

(wikipedia monopoly)

Noun

(monopolies)
  • A situation, by legal privilege or other agreement, in which solely one party (company, cartel etc.) exclusively provides a particular product or service, dominating that market and generally exerting powerful control over it.
  • * {{quote-magazine, date=2013-08-10, volume=408, issue=8848, magazine=(The Economist)
    • , title= Can China clean up fast enough? , passage=It has jailed environmental activists and is planning to limit the power of judicial oversight by handing a state-approved body a monopoly over bringing environmental lawsuits.}}
  • An exclusive control over the trade or production of a commodity or service through exclusive possession.
  • The privilege granting the exclusive right to exert such control.
  • (metonymy) The market thus controlled.
  • (metonymy) The holder (person, company or other) of such market domination in one of the the above manners.

    • Synonyms

    * (holder) monopolist

    Antonyms

    * monopsony

    Derived terms

    * monopolistic * monopolistically * monopolize, monopolization, monopolizer

    Related terms

    * duopoly * oligopoly

    External links

    * *

    monarchy

    English

    (wikipedia monarchy)

    Noun

    (monarchies)
  • A government in which sovereignty is embodied within a single, today usually hereditary head of state (whether as a figurehead or as a powerful ruler).
  • * An absolute monarchy is a monarchy where the monarch is legally the ultimate authority in all temporal matters.
  • * A constitutional monarchy is a monarchy in which the monarch's power is legally constrained, ranging from where minor concessions have been made to appease certain factions to where the monarch is a figurehead with all real power in the hands of a legislative body.
  • The territory ruled over by a monarch; a kingdom.
  • * Shakespeare
    • What scourge for perjury / Can this dark monarchy afford false Clarence?
  • A form of government where sovereignty is embodied by a single ruler in a state and his high aristocracy representing their separate divided lands within the state and their low aristocracy representing their separate divided fiefs.

    • Usage notes

    Historically refers to a wide variety of systems with a single, nominally absolute ruler (compare (m), (m)), today primarily refers to and connotes a traditional, hereditary position, often with mainly symbolic power. Typically used of rulers who use the terms (m)/(m) or (m)/(m).

    Synonyms

    * autocracy * despotism * dictatorship * tyranny

    Coordinate terms

    See also

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