| Hangul | 과점 |
| Romanization | gwajeom |
| Meaning | oligopoly |
| Part of Speech | noun |
| TOPIK Level | TOPIK Level 4 |
과점 시장에서는 소수 기업이 가격을 좌우해요.
gwajeom sijang-eseo-neun sosu gieob-i gagyeok-eul jwauaehaeyo.
In an oligopoly market, a small number of companies dictate prices.
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과점 (gwajeom) means "oligopoly" in Korean. It is a TOPIK Level 4 vocabulary word.
과점 is pronounced "gwajeom" in Revised Romanization.
과점 is a TOPIK Level 4 word. TOPIK Level 4 is the upper-intermediate level with ~5,000 words.