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1828 Noah Webster Dictionary
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1828.mshaffer.com › Word [monopoly]

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monopoly

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.



Evolution (or devolution) of this word [monopoly]

1828 Webster1844 Webster1913 Webster

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.


MO-NOP'O-LY, n. [Fr. monopole; L. monopolium; Gr. μονοπωλια; μωνος and πωλεω.]

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 once had 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.


Mo*nop"o*ly
  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.]
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Monopoly

MONOP'OLY, noun [Latin 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.

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Word of the Day

importance

IMPORT'ANCE, n.

1. Weight; consequence; a bearing on some interest; that quality of any thing by which it may affect a measure, interest or result. The education of youth is of great importance to a free government. A religious education is of infinite importance to every human being.

2. Weight or consequence in the scale of being.

Thy own importance know.

Nor bound thy narrow views to things below.

3. Weight or consequence in self-estimation.

He believes himself a man of importance.

4. Thing implied; matter; subject; importunity. [In these senses, obsolete.]

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necrological

NECROLOGICAL, a. Pertaining to or giving an account of the dead or of deaths.

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