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.

W0t

1. 1337 for British wot. Used primarily by Americans attempting to sound upper class and failing miserably. Let's get some tea and c..

Hostia

1. Spanish name for the white communion used in Catholich Church, and believed by them to be the body of Christ. Often used as a curse wor..

Pakdaddy

1. n. a korean with the last name Pak and who also happens to be a mac daddy DAAAYUMMM!! that fine ass korean guy kon, he is a pakdaddy S..

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Monopsony Edit Meaning