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

Category: Q

QHSE

An acronym for quality, health, safety, environment. These are the four components that have been identified that allow for human error to be the cause of all accidents in the work place.

QUALITATIVE

This describes a property that is associated with a certain item or product. It will describe the reputation, feel, smell, taste, image of a certain product. It can aslo be used to

QUALITY ENGINEERING

A process by which the best quality product will be be produced. It covers all aspects of production from an items inception to its eventual placement on the shelves where it is

QUALITY PLAN

A document generated that lists the activities and practices that are required in order to create a quality product from its quality policy. It will use a time frame that needs to

QUASI CONTRACT

A determination by a court about the obligation of one party to another. No actual contract exists but the agreement is similar to a contract. It is based on the conduct of

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,

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 E N

An abbreviation of “quare exe- eutionem non,” wherefore execution [should] not [be issued.]

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