fundholding

British

/ ˈfʌndˌhəʊldɪŋ /

noun

(formerly, in the National Health Service in Britain) the system enabling general practitioners to receive a fixed budget from which to pay for primary care, drugs, and nonurgent hospital treatment for patients

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Other Word Forms

fundholder

noun

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fundholding

This happened in the 1990s, when half of GPs were given more responsibility under a system known as GP fundholding.

From BBC ● Jun. 8, 2011

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023