monopsony noun. [mǝ'nɒpsǝni] M20.
[from MONO- + Greek opsōnein buy provisions + -Y³.]
Economics. A situation in which there is a sole or predominant consumer for a particular product.

■ monopsonist noun the consumer in a monopsony M20.

■ monopso'nistic adjective pertaining to or of the nature of a monopsony M20.

[TahlilGaran] English Dictionary ▲