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.

Kurmuddle

1. A very sticky and complicated situation. It is quite a kurmuddle that we have found ourselves in. See sticky situation, complicated, c..

Z-money Delight

1. the act of consuming four (4) consecutive shots of hard liquor, followed by a beer bong within a short period of time. also known as a ..

Blymit

1. A word you say when you are watching porn or you are getting lairy for no reason. Blymit its a grizzly Claire! See blimey, blymit, cla..

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Monopsony Edit Meaning