You are correct!
From our dictionary:
quid pro quo
(kwid' prO kwO'), —pl. quid pro quos, quids pro quo for 2.
1. (italics) Latin. one thing in return for another.
2. something that is given or taken in return for something else; substitute.
(kwid' prO kwO'), —pl. quid pro quos, quids pro quo for 2.
1. (italics) Latin. one thing in return for another.
2. something that is given or taken in return for something else; substitute.
