Quotient verdict – the term in some legal systems refers to a type of given compensation by the court, which rate has not been established on the base of the justice, but through finding the average amount among the various…

Quote – the term is used in the sphere of Commercial Law to detail the highest bid made for buying a certain item, or the lowest offer for selling a certain item. For example, a lawyer could be asked by…

Quotation – this term in the area of Commercial Law refers to the act of a lawyer to place an offer for their chargeable fees, applicable to a concrete type of legal work, towards their prospective client. In other words…

Quota share reinsurance – this legal term is used in the area of Insurance Law. It details a reinsurance method, where the insurer transfers concrete parts of the risk towards another insurer, who has to accept such a transfer.

Quod permittat prosternere – this term comes from Latin and means “giving leave to demolish”. It is used in the area of Court Proceedings, where refers to an order issued by the court and directed to the defendant. It orders…

Quod partition fiat – this term comes from the Latin language and is used in partition court cases, where it means “that partition be made” and refers to the judgment proclaiming the partition.

Quitclose trust – within the area of Trust Law, this term defines a trust which rises in favor of the donor, if the funds are related to specific reason and this reason fails.