Current Partnering’s comprehensive listing of terms used in business development.
When I use a word,’ Humpty Dumpty said in a rather scornful tone. ‘it means just what I choose it to mean – neither more nor less.’ Lewis Carroll, Through the Looking Glass
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Quid pro quo (latin for “something for something”) indicates a more-or-less equal exchange or substitution of goods or services.
Quids is an abbreviation for ‘quid pro quo’. The term indicates a more-or-less equal exchange or substitution of goods or services. The phrase is used in partnering discussions to refer to an exchange of non-monetary benefits to offset the cost of the partnership. In a negotiation it refers to a concession made in exchange for [...]
