QUUM QUOD AGO

words there is no ambiguity, then no exposition contrary to the words is to be made.

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Categories: Q

QUOTA SHARE INSURANCE

Insurance for a property that is shared with another policy. It will share the same risks wiyth a percentage that has been pre-determined.

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Categories: Q

QUZESTIQ

In Roman law. Anciently a species of commission granted by the comitia to one or more persons for the purpose of inquiring into some crime or public offense and reporting thereon. In later times, the qucestio came to exercise plenary criminal jurisdiction, even to pronouncing sentence, and then was appointed periodical- ly, and eventually became a permanent commission or regular criminal tribunal, and was then called “quccstio perpetua.” See Maine, Anc. Law, 360-372. In medieval law. The question; the torture; inquiry or inquisition by inflicting the torture.

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Categories: Q

QUOTA SHARE RE-INSURANCE

A re-insurance premium where the ceding insurer is indemnified for each risk that is listed on the contract. Ther is a percentage loss for each risk that is listed.

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Categories: Q

QU^ESTIONES PERPETUA,

in Roman law. were commissions (or courts) of in- quisition into crimes alleged to have been committed. They were called “perpetua:,” to distinguish them from occasional inquisitions, and because they were permanent courts for the trial of offenders. Brown.

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Categories: Q

QUOTATION

1. The production to a court or judge of the exact language of a statute, precedent, or other authority, in support of an argument or proposition ad- vanced. 2. The transcription of part of a literary composition into another book or writing. 3. A statement of the market price of one or more commodities; or the price specified to a correspondent.

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Categories: Q

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, t, y.

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QUOTED INVESTMENTS

The way in which a bond or stock will be treated when it reaches its maturity date. It is the acknowledged way a stock will act at its maturity date.

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Categories: Q

QUOTED PRICE

A written or verbal agreement that will cover the cost of repairs or for the purchase of a set number of items or a set service that is required. If a quoted price is going to be exceeded the reason must be given before the work is continued.

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Categories: Q