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.

G-nelling

1. When one selects to spend time with a girlfriend or video-game friends, instead of hanging out with friends who one has already said he ..

Spice Cream

1. Superheated, ultra-painful liquid feces brought on by ingesting spicy food and/or cheap alcohol. "Man, I was in tears on the bowl ..

Pimp Steady

1. Keep doing what you're doing pimp. boy1 - Ay, dawg... i'm bout to leave. boy2- I'll holla. boy1 - Okay,pimp steady, ya..

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Monopsony Edit Meaning