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QALY, n. A quality-adjusted life year; a unit used, esp. in cost-benefit analysis, in the prediction of both quality and duration of life after medical or surgical treatment. (Oxford English Dictionary)

As an avid scrabble player, I was particularly enthused about this December 2007 addition to the Oxford English Dictionary. A fundamental key to the game of scrabble is knowing the words that have a q not followed by a u. A personal favorite is the QI combination, which can be done in several places so that it happens twice...doubling the points! Additionally, if you can land the q on a triple letter score, and use it twice its a whopping 62 points!

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Waha

Ps. The spell checker on blogger did not recognise QALY or QI... so behind the times.