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.

Joemeal

1. a plate of "joe" or coffee, as in: "yeah, waitress, i'll just have a joemeal please." (receives bowl-like &qu..

Vapor Trail

1. The electronic equivalent of a "paper trail". In the old days, guys like Enron and MCI had to worry about leaving hard-copy me..

Dick Push-ups

1. when a male is aroused several times throughout the day; one erection after another for an extended period of time John: I went to the ..

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Monopsony Edit Meaning