Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: Q

QUICK FIX

A technique used to solve problems which uses the fastest method to solve the problem. It is not necessarily the best solution but it will work before the ideal solution is found.

QWERTY KEYBOARD

A keyboard that is liek that ona type writer. The alphabet is not in order like A, B, C. The first row begins with the letters that spell q, w, e, r,

QUAD

1. A room that can accomodate four persons. 2. This applies to a unit of electricity that has a quadrillion or 1015 BTUs. It will last around 293 terra watt hours for

QUALITATIVE ANALYSIS

An analysis of a product that bears no relation to the actual product itself. It is how a person feels about a product and not what the product actually can do. This

QUALITY FUNCTION DEPLOYMENT (QFD)

A method that looks at all the sspects that a customer wants to see in a product. This deployment is used to create, make and deliver a product. It is from the

QUALITY PLANNING

A system that will translate the quality policies into the creation of a quality product. The steps used will include measurable requirements and objectives. All of this must be done within a

QUASI EQUITY

A type of non-secured debt. A debt that is consideredd to have some equity traits or collateral.

QUICK RESPONSE

A partnership strategy thatb results in a quick turnover for orders. The main aim is to reduce the rsponse time to a bare minimum and still supply the required products. Usually between

QUANTO

An options whose profits are from derivative into foreign currency. The investor can participate in the foreign markets and still be protected from risk. AKA guaranteed exchange rate option and quantity adjusted

QUICK ASSETS

The amount of a firms most liquid assets. They include stock, cash, accounts recievable, and securities. It is a measure of the current assets minus inventory. Refer to quick ratio.

QUICK RATIO

A company’s ability to use its near cash and quick assets to absorb liabilities.

QUIET PERIOD

When a company cannot share any news because it is registering a new issue.

QUOTA SHARE

An agreement where an insurer agrees to absorb loss at a percent rather than a specified cash amount. Refer to surplus share.

QUOTED SPREAD

The difference between the bid and offer amount. The transaction has not yet occured. Refer to effective and realized spread.

QUOTEDRIVEN MARKET

When dealers give prices to traders who sell them. The price takes into consideration the supply and demand on the market. Refer to dealer and orderdriven market.

QUICK DISPATCH

Speedy discharge of cargo without allowance for the customs or rules of the port or for delay from the crowded state ofthe harbor or wharf. Mott v. Frost (D. C.) 47 Fed.

QNASI ENTAIL

An estate pur autre vie may be granted, not only to a man and his heirs, but to a man and the heirs of hisbody, which is termed a “quasi entail;” the

Q VICARAGE

In English ecclesiastical law. The living or benefice of a vicar, as a parsonage is of a parson. 1 Bl. Comm. 387, 388.

Q S

An abbreviation for “Quarter Sessions.”

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