quid pro quo
A Latin phrase that vows a favor for a favor, a reciprocal agreement between two parties to exchange tangible or intangible objects of similar value. Quid pro quo agreements can be ethical and legal or not, depending on whether the actions involved constitute a breach of fiduciary trust or the rules and legislation enacted to ensure fairness and prevent fraud.

Browse by Subjects

Popular Stocks Terms

Quanto Option
expiry date
non historic
momentum investor
marginal propensity to consume
paying agent