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.

W.o.o.m.b.

1. An acronym for the worthless offspring of my boss. Damn. My boss's kid is such a W.O.O.M.B. He would be unemployable anywhere els..

-jal-

1. The nickname of the coolest and best player in Lost City. He is ID 505. Dude, I want to be just like -Jal- They should Make -Jal- a L..

Us Townie

1. The United States version of a townie. If not homeless, US townies rarely if ever leave the street corner that they live on, and essent..

All you need for a faster workflow in one place.

Monopsony Edit Meaning