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M________
Definitions
(economics) a market in which goods or services are offered by several sellers but there is only one buyer
Used in a sentence
“The result is different when the resource buyer is a monopsony. The monopsony firm is a single buyer, and therefore it faces the market supply curve.”
“Network Rail is a monopsony (the sole buyer in a particular market) and must be careful not to exploit that position.”
“The Weyland-Yutani Corporation is an extreme form of what's known in economics as a monopsony.”
Source: Wiktionary, CC BY-SA 4.0
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