something for something; that which a party receives (or is promised) in return for something he does or gives or promises
From the Latin, "something for something " What vested-interest campaign contributors get from elected officials in return for their financial backing (this may include a tax break, subsidy, appointment, or regulatory exemption) "[Some members] take these $500 or $5,000 contributions and then put $20 million in some bill for the corporation "
= Latin for "this for that," or "one thing for another " In insurance it could refer to the consideration in an insurance contract which calls for the exchange of values by both parties to the contract in order for it to be a valid contract See also Consideration
An arrangement whereby a firm uses research from another firm at no cost in exchange for executing all of its trades with the firm providing the research
Latin for this for that or one thing for another, such as the consideration in an insurance contract, which requires the exchange of something of value by both parties for there to be a valid contract
In the securities industry, it is an agreement in which a company, using institutional research, will execute all trades based on that research with the firm providing it and thus, makes payment in soft dollars This is done instead of directly paying for the research
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
A quid pro quo is a gift or advantage that is given to someone in return for something that they have done. The statement is emphatic in stating that there must be a quid pro quo. quid pro quos something that you give or do in exchange for something else, especially when this arrangement is not official quid pro quo for