Quida sovereign; Half a Quid, half a sovereign; Quids, cash or money generally. A suggested derivation may be mentioned. Quo = anything, and Quid pro quo means an equivalent generally. If now a person is offered anything on sale he might say, I have not a quid for your quo, an equivalent in cash. “Then, looking at the gold piece, she added, `I guess you don't often get one of these quids.' ” —Liberty Review, June 9, 1894, p. 437. Source: Dictionary of Phrase and Fable, E. Cobham Brewer, 1894 More on Quid from Infoplease:
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