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.

Lurk Alert

1. A phrase or saying one will use when they see a "lurk" or a "creeper" nearby. Used as a warning to female friends to..

Knuckler

1. overheard on Piccadilly in London, seemingly meant to imply one mastubates or 'knuckles' compulsively. "outta me way ya ..

Morning Splinter

1. Morning wood in the less well endowed. I woke up but couldn't go outside because of an embarrassing case of morning splinter. See..

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Monopsony Edit Meaning