monopolist
UK[məˈnɒpəlɪst]US[məˈnɑːpəlɪst]
n
a person or business that has a monopoly
Morpheme Breakdown
mono
pol
ist
mono
one, single
pol
to sell
ist
person who does something
Etymology
The word 'monopolist' is built from Greek components that literally describe "a person who sells alone." The core concept originates from the Greek monopōlion, from monos (single) and pōlein (to sell), which described exclusive control over a commodity. This term passed into Latin as monopolium and entered English in the 16th century, reflecting early modern concerns with exclusive trading rights granted by the state. The suffix -ist was later appended to create an agent noun, specifying the individual or entity exercising this exclusive control, a meaning that has remained consistent in economic and legal discourse.
Analysis
Structure: mono (one, single) + pol (to sell) + ist (person who does something)
- mono: From Greek monos, meaning "alone, single, only." It functions as a combining form indicating singularity.
- pol: From Greek pōlein, meaning "to sell." It is a bound root indicating the act of selling.
- ist: From Greek -istēs, a suffix forming agent nouns, meaning "a person who practices or is concerned with something."
Examples
The railroad baron was denounced as a ruthless monopolist.
The new legislation aims to prevent any single company from becoming a monopolist in the digital market.
Critics argue that the patent system can sometimes create temporary monopolists.