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Quid Pro Quo |
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Quid pro quo An arrangement allowing a firm to use research from another firm at no cost in exchange for executing all of its trades with the firm that provides the research. Quid Pro Quo An agreement between any firm and a brokerage firm in which the first firm makes use of the other's financial research free of charge. In exchange, the firm agrees to conduct any trades it may decide to conduct as a result of the research with the second firm as broker. More generally, quid pro quo may describe any financial agreement thought to be mutually beneficial. This may apply to positive things such a trade agreement or to illegal activities such as pay-to-play schemes in municipal contracts.
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No references found | Byline: Jonathan Power Precise quid pro quos are not good in marital or romantic relationships. If you have too many quid pro quos in the incentives, developers will go elsewhere and they typically do, he said. But, so far, there is little evidence that a President Obama would break with the Clinton-era proclamations about America as the “indispensable nation” — and his foreign policy team will find it difficult not to be beguiled by the vision of “selective partnership” — that states like China or Russia, not to mention the leading southern democracies like India or Brazil — will make significant concessions without any corresponding quid pro quos from the United States. |
quid pro quos |
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