MONOPOLISTIC STATE FUND
\mənˈɒpəlˈɪstɪk stˈe͡ɪt fˈʌnd], \mənˈɒpəlˈɪstɪk stˈeɪt fˈʌnd], \m_ə_n_ˈɒ_p_ə_l_ˈɪ_s_t_ɪ_k s_t_ˈeɪ_t f_ˈʌ_n_d]\
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Some states' laws require firms to buy workers compensation insurance from that state's government. Private insurers are prohibited from selling insurance in these states. The state-run company that sells this insurance in those states are categorized by this term.
By Henry Campbell Black
Nearby Words
- monopoliser
- monopolising
- monopolist
- monopolistic
- monopolistic competition
- MONOPOLISTIC STATE FUND
- monopolite
- monopolium
- monopolization
- monopolize
- monopolized