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

Category: Q

QUERY

The request fro information from a data base. It is in the form of a question and it can be asked about any subject that is contained in the specific database.

QUIRE

A quantity of paper. A measurement that is used to represent 24 sheets of paper traditionally. Now it is used to represent 25 sheets of paper.

QUALIFYING CHILD

A person under the age of 19 years who satisfies four requirements to qualify. They must live with the person claiming a tax benefit, be a child of them, a foster child

QUALITY BY DESIGN

A systematic process throughout the design and manufacture of a product that ensures a good product is presented to the public for sale. If all steps of a development follow quality guidelines

QUALITY OF CONFORMANCE

While maintaining quality of a product, the product must still conform to all effective design and manufacturing processes. An efficient and effective method of manufacturing is still needed while quality control is

QUANTITATIVE ANALYSIS

The analysis of any measurable data. This data is verifiable and measurable. Data such as wages, earnings, market shares and other items.

QUARTERLY

A report or document that is released or repeated 4 times a year. It is done every 3 months. The documents or reports are produced evenly over the period of one year

QUERY BY EXAMPLE (QBE)

An example is provided that a query is similar to. The data base will look for items with the same characteristic.

QUITCLAIM DEED

A document that allows the transfer of a claim, be it an interest, right or title that the maker of the document may have in a property. The person granting the transfer

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.

Topic Archives:

Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.