The expression "quid pro quo," Latin for "something for something," is used to describe when two parties engage in a mutual agreement to exchange goods or services.
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Keyword Frequency
| quid | 21 |
| pro | 21 |
| quo | 21 |
| business | 17 |
| something | 13 |
| that | 11 |
| agreement | 11 |
| more | 10 |
| as | 9 |
| exchange | 8 |
Keyword Cloud
Quid Pro Quo Definition Example link Education General Dictionary Economics Corporate Finance Roth IRA Stocks Mutual Funds ETFs k Investing Trading Essentials Fundamental Analysis Portfolio Management Technical Risk Markets News Company Political Trends Popular Apple AAPL Tesla TSLA Amazon AMZN AMD Facebook FB Netflix NFLX Simulator Create an Account Join a Game My Your Money Personal Wealth Budgeting Saving Banking Credit Cards Home Ownership Retirement Planning Taxes Insurance Reviews Ratings Best Online Brokers Savings Accounts Warranties Loans Student Life Auto Advisors Practice Continuing Financial Advisor Careers Investopedia Construction Academy Courses for Beginners Become Day Trader by Topic All Professional Submit Business Marketing Leaders Accounting Small Profiles By Adam Hayes Updated Aug What Is pro quo is Latin term something that originated in the middle ages Europe It describes situation when two parties engage mutual agreement to exchange goods or services reciprocally In quid one transfer thus contingent upon some from other party business and legal contexts conveys good service has been exchanged of equal value used politics describe unethical practice I ll do you if me but are allowable bribery malfeasance does not occur through it Key Takeaways describing between more which there reciprocal Courts may render contract void appears unfair one-sided so consideration often warranted agreements acceptable as long they imply any misappropriation Understanding The key take form money financial instrument Such considerations attached provided hence returned Without such court find be invalid nonbinding Additionally overly courts rule null Any individual transacting entity should know what expected both enter into A bartering arrangement example where exchanges else similar involve along lines questionably ethical involving favor rather than balanced equally valued Other Examples arrangements can have negative connotations certain For investment bank s research arm public company might amend their rating shares underwriting response these potential conflicts interest US regulators investigated issued rules ensure firms put customers interests before own issuing stock ratings Another questionable soft dollar firm Firm uses another B executes all trades This payment lieu traditional hard Research shown transactions executed under cost execution-only Still places though discouraged jurisdictions viewed critics Special Considerations Politics also exist political realm As donations politician obliged provide future regarding policymaking decision-making always bribe however merely understanding will consider donor wishes creating policy voting on legislation Much controversy surrounds much last years many cases appeared Supreme Court define constitutes illegal Federal Election Campaign Act limits number contributions made campaign donors Take Next Step Invest Advertiser Disclosure times offers appear this table partnerships receives compensation Service Name Description Related Terms Nonmonetary Transactions nonmonetary transaction occurs commerce activity concludes without accounts tied Slush Fund slush fund sum set aside reserve functioning either innocent rainy-day platform finance illicit activities Unilateral Transfer unilateral involves just one-way anything return Malfeasance act outright sabotage commits causes intentional damage Transfer-For-Value Rule Transfer-for-value states life insurance transferred death benefit partly taxable income Plans Ins Outs plan written document detail how new going achieve its goals Partner Links Articles Hard vs Soft Difference Marriage Union Successful Why More Couples Are Signing Postnups Fidelity Investments Robinhood Real Estate Seller-Financed Deals Crime Fraud Differences Between Bribery And Lobbying img About Us Use Editorial Policy Advertise Privacy Contact California Notice C D E F G H J K L M N O P Q R S T U V W X Y Z part Dotdash publishing family