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.

Vaticinate

1. To predict, foretell. The vaticination of the end of the world was recorded by Nastradamus...

Fireholer

1. When you are taking a shit and you get firehole usually caused by a night of heavy drinking, and/or spicy food. The pain is relieved by ..

Keeping It Realer

1. Although some people keep it real, some people keep it realer. Shane is an example of keeping it really, really real. By keeping it real..

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Monopsony Edit Meaning