   
|
|
|
|
|
|
| |
The term quid pro quo derives from Latin and literally means "something for something". Today the expression quid pro quo is used to denote a bargaining arrangement, in which one party offers a product or service in exchange for something else of value. Much like in other professional domains, in a world of finance acts of quid pro quo are quite common. Thus, quid pro quo may apply to various business deals, such as mergers, acquisitions, as well as various joint ventures. Quid pro quo may also describe mutually beneficial trade agreements and other distributive deals. However, quid pro quo may also have negative connotations. Sometimes a quid pro quo pact may be at the core of a conflict of interests and lead to a corporate transgression. One example of negative quid pro quo would be a situation in which a brokerage firm issues a buy recommendation for a company regardless of objective merits in exchange for that company's business.
Rate this quid pro quo definition...
|
|
|
|
 |
Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day. |
|
Popular Terms: in escrow, stock split, deferred revenue, implied volatility, cancelled check, FICO score, wholly-owned subsidiary, required rate of return, phantom income, 401a, risk management, average price per share, annual return, margin rate, 144a, ex-dividend, 1031 exchange, ex-dividend date, class C shares, covered put, liquidity ratio, retained earnings, debt service coverage, VIX, current ratio, open position, diluted share, option premium, balance sheet, limit order, deferred tax, inflation, reverse mortgage, 1035 exchange, FTSE, LIBOR, per diem, dividends payable, stock market close, irrevocable trust, Key Rate Duration, APR, real GDP, EBITDA, minority interest, labor relations, Zero Cost Collar, quality assurance, command economy
|
|
| |
