Glossary
Quick assets are highly liquid assets, consisting of cash, marketable securities, and net receivables.
Read MoreQuid pro quo is Latin for "this for that." Quid pro quo pertains to the exchange of values by both parties to form a valid contract.
Read MoreQuid pro quo sexual harassment includes unwelcome sexual advances or requests for sexual favors when (1) submission to such conduct is made a condition of employment, and (2) submission to or rejection of such conduct is used as a basis for employment decisions affecting the individual who is receiving such advances or requests.
Read MoreQuota share reinsurance is a form of reinsurance in which the ceding insurer cedes an agreed-on percentage of every risk it insures that falls within a class or classes of business subject to a reinsurance treaty.
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