The meaning of QUID PRO QUO is something given or received for something else; also : a deal arranging a quid pro quo . How to use quid pro quo in a sentence. Frequently Asked Questions About quid pro quo . The Latin phrase quid pro quo means making a certain kind of deal: you do this for me, and I'll do that for you. Quid pro quo (Latin: "something for something" [2]) is a Latin phrase used in English to mean an exchange of goods or services, in which one transfer is contingent upon the other; "a favor for a favor". Quid pro quo literally means "something for something." Summary of its legal meaning and other interpretations in business and everyday life.