Examlex
A swap bank makes the following quotes for 5-year swaps and AAA-rated firms:
Economic Cost
Economic cost refers to the total expenses incurred in the production of a good or service, including both explicit (monetary payments) and implicit (opportunity costs) components.
Billions
A numerical value representing one thousand million (1,000,000,000) or, in the British system, one million million (1,000,000,000,000).
Inpatient Program
A medical care plan that requires a patient to be admitted to a hospital or clinic for treatment that cannot be provided on an outpatient basis.
Length of Stay
The duration of time spent in a hospital, facility, or program, often used as a measure of healthcare efficiency and patient recovery.
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