Please use the search field below to search the Industry Dictionary for a particular word or a group of words, or use the letters below to search for expressions alphabetically. Search:    A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z  Your search returned 12 result(s). Qualification to do Business The process of obtaining a license to do business in a foreign jurisdiction Qualified Opinion An auditor's opinion of the financial statements of a business that expresses reservations, and signals potential problems. Quarter (QTR) A three-month operating/performance period of the tax or fiscal year of a business. Quarterly Report vA financial statement covering a three month operating/performance period of the fiscal year of a business (i.e. an interim financial statement) Quasi Contract An arguably legal obligation that arises from the relationship of the parties or some activity between them rather than from a written formal agreement. Quick Assets Cash, accounts receivables, marketable securities and other related liquid assets. Quick Lease A lease arising from a lease application that is processed with a minimal credit review, such as a review of the application itself, and minimum bank and trade reference checks (i.e. mini-lease or app-only lease). Quick Ratio (Financial ratio analysis based) The ratio between current assets (less inventory) and current liabilities as shown on a balance sheet; acid test (i.e. acid test - a measure of a company’s liquidity). Quid Pro Quo Something given in exchange for something received. Quiet Use and Possession The lessee's right pursuant to a lease to utilize and enjoy the leased property without third parties asserting claims against or interests in the leased property that would disturb such right in any way. Quit Claim/Quit Claim Deed The act and/or the document that releases to another party any and all interest a party might have in an item of property without a description or warranty as to what the full interest in the item might be. Quote The act of proposing; a proposal (e.g. a price quote for a particular equipment lease). About Us | Services Offered | Financing Available | Equipment Financed | Financing Advantages | Application Center | PDF Download | Vendor Login | Industry Dictionary | Career Opportunities | Information Request | FAQs | Partner Alliance Program | Site Map | Home