from The American Heritage® Dictionary of the English Language, 4th Edition
- n. A market situation in which the product or service of several sellers is sought by only one buyer.
from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. A market situation in which there is only one buyer for a product.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- n. (economics) a market in which goods or services are offered by several sellers but there is only one buyer
mon(o)- + Greek opsōniā, purchase of food; see duopsony.(American Heritage® Dictionary of the English Language, Fourth Edition)
From mon- + Ancient Greek ὀψωνέω (opsōneō, "buy products") + -y. (Wiktionary)