Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “exclusivity”

exclusivity

noun [U]
 
 
/ˌekskluːˈsɪvɪti/ US   /-əṱi/
the state of being the only person, group of people, or organization that is allowed to have or do something: grant/lose/retain exclusivity (on sth) The company which developed the hardware was granted one-year exclusivity on the retails sales. Astra's global market exclusivity on the drug ended last year. an exclusivity agreement/clause/deal
(also exclusiveness /ɪkˈskluːsɪvnəs/) the state of being expensive and of a high quality, and therefore only for people who are rich or of a high social class: If a product lowers its quality it will not retain its exclusivity as a luxury brand.
an agreement not to speak to other possible buyers while your business is being bought by a particular person or company: The two companies have an agreed period of exclusivity which prevents either seeking alternative buyers before the end of January 2011.
(Definition of exclusivity from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of exclusivity?
Add Cambridge dictionaries to your browser to your website

Word of the Day

hello stranger

said to a person that you know but have not seen for a long time

Word of the Day

Come on – you can do it! Phrasal verbs with ‘come’.

by Liz Walter​,
November 19, 2014
As part of an occasional series on the tricky subject of phrasal verbs, this blog looks at ones formed with the verb ‘come’. If you are reading this blog, I’m sure you already know come from, as it is one of the first things you learn in class: I come from Scotland/Spain.

Read More 

silver splicer noun

November 17, 2014
informal a person who marries in later life Newly retired and now newlywed – rise of the ‘silver splicers’ Reaching pension age becomes a trigger to tie the knot as baby-boomers begin to redefine retirement

Read More