Quid Pro Quo

Quid Pro Quo is a Latin term that translates to “something for something” and refers to a reciprocal exchange or mutual agreement in which one party provides something of value or benefit in exchange for something else of value or benefit from another party. Quid pro quo arrangements are common in business, politics, and interpersonal relationships, where parties engage in transactions, negotiations, or agreements based on mutual interests, concessions, or considerations.