oligopoly
noun
Pronunciation
Say it like this:
ahlihgahpuhleeSay the bold part a little louder.
IPA pronunciation (US)
ɑlɪˈɡɑpəli
This word is pronounced essentially the same in American and British English, so one transcription covers both.
IPA (International Phonetic Alphabet) is a standard way of writing speech sounds.
Definition
Everyday modern meanings first, grouped by part of speech.
noun
economics
A market in which control over the supply of a commodity is in the hands of a small number of producers and each one can influence prices and affect competitors
economics
An economic condition in which a small number of sellers exert control over the market of a commodity.
Share your sentence
Use This Word
See how this word sounds in a real sentence.
Ask Vocabaura
Understand the word your way.
What Does It Mean Here?
Words can change meaning depending on context.
Use it yourself
Keep learning “oligopoly” by choosing the kind of practice you need next.
- Practice sentence writingWrite sentences with vocabulary and get instant feedback.
- Practice in contextAnswer short vocabulary questions drawn from real situations.
- Review vocabularyTest your recall and strengthen words over time.
- Practice typingType vocabulary in short rounds that draw from words you've learned and saved.
Want to type words like this one without looking at the keyboard? Each typing round draws from words you've learned, saved or need to review. Follow the free Learn to Type lessons and type your own vocabulary with confidence.
Dictionary data from Wiktionary via the Free Dictionary API. Simple meanings, combinations and word intelligence are built from verified reference data, no AI is used to load this page.