Quid pro quo – the term comes from Latin and means: something for something. The giving of something in exchange for another thing of equal value, where in the sphere of Law of Contracts it should be considered as “mutual…

Quick assets – within the area of Finance Law, this term describes the current financial assets, the current amount of cash money available for performance of direct business transactions.

Quayage – in the area of Tax Law this term refers to a fee paid on key dock for loading or unloading goods there (i.e. for temporary stay of a transporting vessel in harbor). A synonym is “wharfage”.

Quasi personalty – within the sphere of Property Law, this term refers to movables that are considered legally as immovable property, because these are attached to real estate. For them the Latin maxim “quicquid plantatur solo, solo cedit” applies. It…

Quasi-judicial – within the area of Administrative Law, this legal term refers to decisions made by administrative tribunals or government officials to which the rules of natural justice apply. In judicial decisions in most legal systems, the principles of natural…

Quantum meruit – The term comes from Latin and is used for “as much as is deserved.” This is legal rule applying in the area of Law of Contracts, where provides that a person should not be obliged to pay,…

Quantum – This legal term comes from Latin and is used in Litigation procedures for amount, or extent. It is used in the term “quantum daminificatus”, which means: How much was he damaged. The term is used nowadays in Tort…