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Quid Pro Quo Definition. Learn From Thousands of Free Online Videos and Resources. Master The Fundamentals of Finance With Finance Strategists. View Our Resources Here.
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- Dictionaryquid pro quo/ˌkwɪd prəʊ ˈkwəʊ/
noun
- 1. a favour or advantage granted in return for something: "the pardon was a quid pro quo for their help in releasing hostages"
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QUID PRO QUO definition: 1. something that is given to a person in return for something they have done: 2. something that…. Learn more.
- English (US)
QUID PRO QUO meaning: 1. something that is given to a person...
- Polski
QUID PRO QUO definicja: 1. something that is given to a...
- Quid Pro Quo in Traditional Chinese
QUID PRO QUO translate: 交換物;報酬;交換條件. Learn more in the...
- Quickstep
QUICKSTEP definition: 1. a dance with a lot of quick steps,...
- English (US)
In common law, quid pro quo indicates that an item or a service has been traded in return for something of value, usually when the propriety or equity of the transaction is in question. A contract must involve consideration: that is, the exchange of something of value for something else of value.
The meaning of QUID PRO QUO is something given or received for something else; also : a deal arranging a quid pro quo. How to use quid pro quo in a sentence. Frequently Asked Questions About quid pro quo.
- Quid pro quo means "something given or received for something else." There is nothing inherently illegal in giving or receiving something in exchan...
- One might say that every bribe is a case of quid pro quo, but not every quid pro quo is a case of bribery. A bribe is something (such as money or a...
- In current use, quid pro quo has little to do with medicine, but the Latin phrase it came from (which may be translated as "something for something...
Quid pro quo, in business and politics, an exchange of goods, services, or other benefits between two parties in which the exchanged items are regarded by the parties as being of comparable value. From the 16th through the 18th centuries, the expression quid pro quo was often used by apothecaries.
May 20, 2019 · Quid pro quo is a Latin phrase that literally means “something for something,” or “this for that.” We use the phrase to signify an exchange of goods, services, favors, or any other kind of value.
The concept of quid pro quo is a bedrock principle of British contract law and underscores many forms of legal relationships. It is fundamental to the notion of fair exchange and reciprocal obligations that are the hallmark of binding agreements in British jurisprudence.
Quid pro quo definition: something that is given or taken in return for something else.. See examples of QUID PRO QUO used in a sentence.
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