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.

Ripster

1. the counter-culture to hipsters. a ripster doesnt do what they do because they want to be cool, they just do it to have fun, the result..

Paki Sword

1. A sword typically used by pakis best example would be a Scimitar. (The ones used by the guards in Alladin) "He was a fat paki wi..

Jug O Wine

1. N. A humorous moniker for a large wine container, typically glass, that is at or over 4 liters in size. Most appropriate in usage when ..

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Monopsony Edit Meaning