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Home > QFINANCE Dictionary > Definition of quid pro quo

Definition of

quid pro quo

Finance

something in exchange a Latin phrase meaning "something for something," something given or done in exchange for something else. To be valid, a contract must involve a quid pro quo.

Definitions of ’quid pro quo’ and meaning of ’quid pro quo’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’quid pro quo’ and other financial terms with our online QFINANCE Financial Dictionary.

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