monopsony
(noun) (economics) a market in which goods or services are offered by several sellers but there is only one buyer
Source: WordNet® 3.1
monopsony (plural monopsonies)
(economics) A market situation in which there is only one buyer for a product. [from 1930s]
Antonym: monopoly
Coordinate terms: duopsony, oligopsony
(economics) A buyer with disproportionate power.
Source: Wiktionary
11 June 2025
(adjective) having relatively few calories; “diet cola”; “light (or lite) beer”; “lite (or light) mayonnaise”; “a low-cal diet”
The first coffee-house in Mecca dates back to the 1510s. The beverage was in Turkey by the 1530s. It appeared in Europe circa 1515-1519 and was introduced to England by 1650. By 1675 the country had more than 3,000 coffee houses, and coffee had replaced beer as a breakfast drink.
