The most common procedure is a simple ellipse excision of a skin tumour, described here. 1  A trolley is prepared with the instruments required for the procedure. 2  The procedure is explained to the patient. 3  The lesion may be photographed.
Definition: QE1 is the nickname given to the Federal Reserve 's initial round of quantitative easing. That's when the Fed purchases debt, such as mortgage-backed securities (MBS), consumer loans and Treasury bills, bonds and notes.
Definition of QE3. The Fed announced in 2012 that it would begin a new programme of unlimited purchases of mortgage-backed securities â nicknamed QE3 or quantitative easing three. The first round of QE came during the financial crisis in 2008 and 2009. The second round (QE2), preceded by three months of fevered speculation, came in November 2010.