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.

Im Tag

1. Same as phone tag but with an offline instant messenger contact. Good to finally catch you online. We've been playing IM tag all d..

Quall

1. A term for a male's left testicle. Mostly the dominant testical, hanging lower than its brother. Ouch you hit me in the quall! Se..

Uzz

1. derived from usk. Heard from gizzle the famous "eughs". Eughs eventually evolved into Uzzz by random wizahds. Eughzzzz - a..

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Monopsony Edit Meaning