What context can I use each word in?
Learn when and how to use these words with these examples!
monopole
Example
The government granted the company a monopole on the production of a certain medication. [monopole: noun]
Example
The telecommunications company had a monopole on internet services in the region. [monopole: noun]
monopoly
Example
The oil company had a monopoly on the fuel industry for decades. [monopoly: noun]
Example
In the game of Monopoly, the goal is to acquire properties and resources to gain a monopoly over the game's economy. [monopoly: noun]
Good things to know
Which word is more common?
Monopoly is more commonly used than monopole in everyday language, and is more versatile in its usage.
Whatโs the difference in the tone of formality between monopole and monopoly?
While both words can have legal implications, monopole is typically associated with a more formal tone due to its technical usage.
