Meaning & use
monoline
Last updated
Meanings
nouncountabletechnicalfinancebusiness
A company that provides only one type of financial service, such as insurance, rather than many different services.
Grammar: Countable; often used before another noun, e.g., monoline insurer.
Patterns
- a monoline insurer
- a monoline company
- monoline business
The monoline insurer guaranteed the bond payments.
Many monoline companies suffered during the financial crisis.
She works for a monoline that only sells life insurance.
adjectivebefore a nountechnicalfinancebusiness
Relating to a company that offers only one type of financial product or service.
Grammar: Used before a noun, e.g., monoline insurance.
Patterns
- monoline insurance
- monoline business model
- monoline credit
The monoline insurance sector was hit hard by the recession.
They specialize in monoline credit protection.
A monoline business model can be risky because it lacks diversification.
Common combinations
- monoline insurer
- The monoline insurer was downgraded by rating agencies.
- monoline insurance
- Monoline insurance is typically used for municipal bonds.
- monoline company
- A monoline company focuses on a single financial product.
Synonyms and how they differ
- specialist
- Specialist is a general term for a company or person focusing on one area; monoline is specific to finance and insurance.
- single-line
- Single-line is a broader term meaning offering only one product; monoline is more technical and often used in finance.
Opposites
Commonly confused: monoline or multiline?
monoline vs multiline
Multiline means offering many types of services, the opposite of monoline. Don't confuse the two in financial contexts.
Practice
A ______ insurer provides coverage for only one type of risk, such as municipal bonds.
Choose one answer.
Monoline means specializing in one line of business. 'Multiline' means the opposite. 'Monopoly' means exclusive control of a market, and 'monogram' is a design of letters.
Make it your own
Write a sentence using “monoline”, then check it and compare it with the examples above.