oligopsony
noun Etymology: olig- + Greek opsōnia purchase of victuals, from opsōnein to purchase victuals, from opson food + ōneisthai to buy — more at venal Date: 1942 a market situation in which each of a few buyers exerts a disproportionate influence on the market • oligopsonistic adjective

New Collegiate Dictionary. 2001.

Look at other dictionaries:

  • 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

  • Oligopsony — An oligopsony (from Ancient Greek ὀλίγοι (oligoi) few + ὀψωνία (opsōnia) purchase ) is a market form in which the number of buyers is small while the number of sellers in theory could be large. This typically happens in a market for inputs where… …   Wikipedia

  • Oligopsony — Similar to an oligopoly (few sellers), this is a market in which there are only a few large buyers for a product or service. This allows the buyers to exert a great deal of control over the sellers and can effectively drive down prices. A good… …   Investment dictionary

  • oligopsony — oligopsonistic, adj. /ol i gop seuh nee/, n. the market condition that exists when there are few buyers, as a result of which they can greatly influence price and other market factors. Cf. duopsony, monopsony. [1940 45; OLIG + Gk opsonía purchase …   Universalium

  • oligopsony — noun An economic condition in which a small number of buyers exert control over the market price of a commodity. See Also: oligopsonist, oligopsonistic, oligopsonistically …   Wiktionary

  • oligopsony — A market characterized by a small number of large buyers who control all purchases and therefore the market price of a good or service. Bloomberg Financial Dictionary …   Financial and business terms

  • oligopsony — É‘lɪ gÉ‘psÉ™nɪ / É’lɪgÉ’ n. strong influence of a small group of buyers (Economics) …   English contemporary dictionary

  • 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 — ol·i·gop·so·ny …   English syllables

  • oligopsony — ol•i•gop•so•ny [[t]ˌɒl ɪˈgɒp sə ni[/t]] n. pl. nies the market condition that exists when there are few buyers, who can thereby greatly influence price and other market factors • Etymology: 1940–45; olig + Gk opsōnía purchase of provisions,… …   From formal English to slang

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