Does "a magnetospheric eternally collapsing object" mean "an object whose magnetosphere forever collapses"?
Context:
A well accepted property of black holes is that they cannot sustain a magnetic field of their own. But observations of quasar Q0957+561 indicate that the object powering it does have a magnetic field, Schild's team says. For this reason, they believe that rather than a black hole, this quasar contains something called a
magnetospheric eternally collapsing object (MECO). If so, it would be best evidence yet for such an object.
MOre;
http://www.newscientist.com/article/dn9620#.U8EhTZSSxYA