Hi Svarun -- Quasi means "as if" (in Latin). Static means no chage with respect to time. You can have "electrostatic" when charge is constant with time, and "magnetostatic" when current is constant with time.
If you have a lossless transmission line and homogenous dielectric, you can solve for the capacitance per unit length using an electrostatic analysis. This is easy to do for, for example, coax. See any book on EM theory. Since the dielectric is homogenous, we know the velocity of propagation exactly. Once you have the capacitance per unit length and the velocity of propagation, you can calculate the inductance per unit length. From the inductance and capacitance per unit length you can get the characterisitic impedance.
You can also start with a magnetostatic analysis and proceed in a manner very similar to the above and arrive at exactly the same result.
All the above is exact, provided the line is lossless and the dielectric is homogenous.
If you add a little bit of loss (metal resistance, or dielectric loss tangent), or the dielectic is not homogenous (e.g., microstrip), the above analysis is now approximate. In this case, we call it "quasi-static". Since we never have the exact static case (except for electrostatic at zero frequency!), most transmission lines will be quasi-static, provided we don't go too high in loss or too high in frequency.