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- 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 exchange goods or services reciprocally. In a quid pro quo agreement, one transfer is thus contingent upon some transfer from the other party.
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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...
Jul 20, 2023 · In Latin, quid pro quo literally means “something for something.” Quid pro quo is an arranged exchange of services or favors between two parties. It’s not formalized with a contract, and often isn’t even disclosed.
Apr 24, 2024 · 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.
Feb 13, 2016 · In a quid pro quo exchange, one transfer of goods or services is contingent upon the other transfer. For instance, a shopper who exchanges $3.00 for a gallon of milk at the grocery store has received something for something.
Quid pro quo (Latin: "something for something") is a Latin phrase used in English to mean an exchange of goods or services, in which one transfer is contingent upon the other; "a favor for a favor".
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. When we’re talking about multiple exchanges, we can say quid pro quos.
Sep 10, 2022 · The phrase refers to an exchange of goods or services for a favor or advantage. A quid pro quo can form the basis of legal cases in politics and sexual harassment claims. Quid pro quo is a legal requirement for contracts to be enforceable. Bribery is a specific type of quid pro quo.
