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.

Preekend

1. The time period that starts after lunch on Friday and ends when the weekend starts. Usually in this time period it is particularly hard..

Arm-a-chillo

1. Done typically by males. One arm stretches behind a girls neck and over the opposite shoulder and down her chest; the hand squeezes or c..

Cragrat

1. an active climber. someone who likes to climb things excessively a nickname for serious climbers. He's a New Zealand cragrat. ..

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Monopsony Edit Meaning