Meaning of the word ascendancy in English

What does ascendancy mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

ascendancy

US /əˈsen.dən.si/
UK /əˈsen.dən.si/

Noun

a position of dominant power or influence

Example:
The company gained ascendancy in the market after launching its new product.
The political party is trying to gain ascendancy in the upcoming elections.