"Quid pro quo" is a Latin phrase that means "something for something" or "this for that." It describes an exchange or trade where two parties each provide something valuable to the other. Full definition
New studies find that banks abused nonpublic information during the financial crisis and that brokers and clients often engage in quid pro quo for insider knowledge. (cnbc.com)
Prosecutors argued that this amounted to an illegal quid pro quo for Silver, who the government said steered hundreds of thousands of dollars in state research grants to Taub to keep the patients coming — something the prosecution noted Silver never publicized, allegedly because he wanted to keep attention away from the illicit arrangement. (politico.com)
The alleged quid pro quo arrangement with Taub is one of two secret corruption schemes federal prosecutors say Silver orchestrated. (nydailynews.com)