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.

Zwow

1. A word that my friend maggie and i made up. Used when something stupid happens. Commonly used in a sarcastic manner. Zwow, that was ret..

Gorgelicious

1. A word to describe a male/female of amazing beauty or character ; a description of the craving of attraction for a person. That skater ..

Load The Box

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Monopsony Edit Meaning