Quids
Definitions
- (n.) Plural of quid; a slang term for the British pound sterling or a sum of money in informal contexts.
He lent me fifty quids to cover the expenses.
- (n.) In legal contexts, 'quid pro quo' denotes an exchange of goods or services, where one transfer is contingent upon the other.
The contract required a clear quid pro quo to ensure mutual obligation.
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Commentary
'Quids' is chiefly informal as plural for 'quid' (money). In legal contexts, the singular 'quid' often appears in the phrase 'quid pro quo,' a fundamental contractual and employment law concept about reciprocal exchange.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.