Monopsony

What is Monopsony?

The opposite of a monopoly; whereas an economic monopoly is on the supply side, a monopsony is on the demand side.

A managed health care provider is a monopsony for the doctors working within it. They cannot bill anyone but the provider, not their patients.

Parley

1. A pirate term used in self defence when you don't want to be harmed before you're given a chance to talk to the captain. Jack..

W00tz0rness

1. when u r really happy that u have owned the other player with little effoft. player 1: omg i died again player 2: dude i didnt even tr..

Hey Guys

1. Someone who tries to be cool but is not. Marty is so hey guys. He wears his collar up all the time. See Jack..

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Monopsony Edit Meaning