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.

Hero Cookie

1. Phrase used as sarcastic praise for someone who is bragging about some insignificant act. You cleaned up your own mess by yourself? Wow..

Eruption

1. What happens when you mix two-hand tapping and early shredding at 120+ bpm and throw it on a Charvel Strat ripped apart and put back tog..

Hilde

1. Hilde is tha maaaan! that guy there is the Hilde! See hilde, man, tha, the, gay..

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Monopsony Edit Meaning