Quiet Title Action

A quiet title action is a court proceeding used to resolve competing claims to real property and to “quiet” — remove or resolve —…

Quid Pro Quo

Quid pro quo (Latin: “something for something”) describes an exchange in which one party provides a good, service, favor, or other benefit in return…

Quid

A quid is British slang for one pound sterling (GBP). Informally used in everyday speech across the United Kingdom, a quid equals £1 —…

Quid Pro Quo Contribution

Key takeaways – A quid pro quo contribution is a charitable gift for which the donor receives goods or services of value in return.…

Quick Assets

Quick assets are the most liquid assets on a company’s balance sheet — those that are cash or can be converted into cash quickly…

Quick Rinse Bankruptcy

A quick‑rinse bankruptcy (also called a controlled bankruptcy) is a Chapter 11 reorganization that is designed to move rapidly through the bankruptcy process because…

Quick Liquidity Ratio

The quick liquidity ratio—often called the quick ratio or acid-test ratio—measures how well a company (or an insurance company, specifically) can meet its short‑term…

Questioned Document Investigation

Overview A questioned document investigation (also called forensic document examination or questioned documents analysis) is the forensic evaluation of any document whose authenticity, authorship,…

Quasi Public Corporation

A quasi‑public corporation is a privately organized company that carries out a clearly stated public mission and receives some form of government support or…

Quasi Reorganization

A quasi‑reorganization is an accounting procedure allowed under U.S. GAAP (see ASC 852‑20) that lets a troubled company “reset” its shareholders’ equity by eliminating…