oligopsonies

oligopsonies
'ɑlɪ'gɑpsənɪ /'ɒlɪgɒ- n. strong influence of a small group of buyers (Economics)

English contemporary dictionary. 2014.

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  • oligopsony — [ɒlɪ gɒps(ə)ni] noun (plural oligopsonies) a state of the market in which only a small number of buyers exists for a product. Origin 1940s: from oligo , on the pattern of monopsony …   English new terms dictionary

  • oligopsony — /ɒləˈgɒpsəni/ (say oluh gopsuhnee) noun (plural oligopsonies) a market situation where a small number of buyers influence the supply of a product or service. {oligo + Greek opsōnia purchase of victuals, catering} …  

  • oligopsony — [äl΄i gäp′sə nē] n. pl. oligopsonies [ OLIG(O) + Gr opsōnia, a purchase of food, catering < opsōnein: see OPSONIN] control of the purchase of a commodity or service in a given market by a small number of buyers oligopsonist n. oligopsonistic… …   English World dictionary

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