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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 definition: 1. something that is given to a person in return for something they have done: 2. something that…. Learn more.
QUID PRO QUO meaning: 1. something that is given to a person in return for something they have done: 2. something that…. Learn more.
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.
Definition of quid pro quo noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
The Latin phrase quid pro quo means making a certain kind of deal: you do this for me, and I'll do that for you. Ever hear the expression, "You scratch my back, I'll scratch yours"? That describes a quid pro quo: doing a favor you expect to be paid back, instead of doing the favor for its own sake.
Feb 12, 2024 · What Is Quid Pro Quo? Quid pro quo is a Latin term for "something for something" that originated in the Middle Ages in Europe. It describes a situation when two parties mutually agree to...
A quid pro quo is a gift or advantage that is given to someone in return for something that they have done. [formal] The statement is emphatic in stating that there must be a quid pro quo. They share a great deal of information on a quid pro quo basis.
