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.

Homeless 6-pack

1. This is what happens when you get a homeless person to buy you a 6-pack. They get one so an homeless 6-pack is really just 5. Like a b..

Uranal

1. A urinal for pooping. Essentially, it is a toilet, but you may not pee in it. I had a uranal installed in my bathroom because I have IB..

Honduran Handshake

1. whiping your hand in a dirty place, ie testicles/anus, the proceding to shake someones hand I was pissed off at Jimmy, so i quickly whi..

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Monopsony Edit Meaning