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fundholding

British  
/ ˈfʌndˌhəʊldɪŋ /

noun

  1. (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

Example Sentences

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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