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oligopsony

[ ol-i-gop-suh-nee ]

noun

  1. the market condition that exists when there are few buyers, as a result of which they can greatly influence price and other market factors.

oligopsony

/ ˌɒɪˈɡɒəɪ /

noun

  1. a market situation in which the demand for a commodity is represented by a small number of purchasers
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Derived Forms

  • ˌDZˌDZˈԾپ, adjective
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Other Word Forms

  • DZi·DZȴ·Ծt adjective
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Word History and Origins

Origin of oligopsony1

First recorded in 1940–45; olig- + Greek DZōí “purchase of provisions, shopping”
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Word History and Origins

Origin of oligopsony1

C20: from oligo- + -opsony, from Greek DZōԾ purchase of food

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oligopolyoligosaccharide

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