Proprietary vs Monopoly - What's the difference?
proprietary | monopoly |
Of or relating to property or ownership, as proprietary rights .
Of or relating to the quality of being an owner, as the proprietary class .
Created or manufactured exclusively by the owner of intellectual property rights, as with a patent or trade secret.
*
Privately owned, as a proprietary lake .
(of a, person) Possessive, jealous, or territorial.
A proprietor or owner.
A body of proprietors, taken collectively.
A monk who had reserved goods and belongings to himself, notwithstanding his renunciation of all at the time of profession.
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= 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.
As nouns the difference between proprietary and monopoly
is that proprietary is a proprietor or owner while 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.As an adjective proprietary
is of or relating to property or ownership, as proprietary rights.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.proprietary
English
Adjective
(en adjective)- The continuous profitability of the company is based on its many proprietary products.
Noun
(proprietaries)- (Fuller)
monopoly
English
(wikipedia monopoly)Noun
(monopolies)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.}}
