n., pl., -nies.
A market situation in which the product or service of several sellers is sought by only one buyer.
[MON(O)- + Greek opsōniā, purchase of food; see duopsony.]
monopsonist mo·nop'so·nist n.monopsonistic mo·nop'so·nis'tic adj.
The American Heritage® Dictionary of the English Language, Fourth Edition Copyright © 2007, 2000 by Houghton Mifflin Company. Updated in 2009. Published by Houghton Mifflin Company. All rights reserved.
