quid pro quo
5 years ago No Comments

(pronounced kwid proh KWOH)

An adapted Latin term used to describe something — usually a service — given or received for something else as a fair exchange.

Example: The developers may make some concessions on using higher-grade porcelain tiles, but they will undoubtedly demand a quid pro quo, so we must be prepared to make concessions on some other materials in order to level out the overall construction cost.