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Old 08-03-2011, 10:33 AM   #103
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<strong>Wire</strong> – A realtime method of transferring funds electronically.
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<strong>Grace period</strong> – The period that begins the day after a Stafford Loan borrower ceases to be enrolled at least half time and ends the day before the repayment period begins. During the grace period, the borrower is not required to make payments on the principal of the loan.

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quality-adjusted life years (Il)<br />A year of life adjusted by expected health or illness. A year of healthy life expectancy = 1, of unhealthy life expectancy < 1.<br /> Health care is beneficial if it generates positive QALYs; efficient health care activity occurs where cost per QALY is as low as possible. As low cost per QALY health care is prioritized, this approach to allocating health resources is criticized for its bias against the old and very sick.<br /><em>See also:</em> health economics <br /><em>Reference</em><br />Harris, J. (1987) 'Qualifying the value of life', Journal of Medical Ethics 13: 117-23.

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