Quotation

The bid and offered prices a dealer is willing to buy or sell at. The New York Times Financial Glossary

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quotation quo‧ta‧tion [kwəʊˈteɪʆn ǁ kwoʊ-] noun [countable]
1. COMMERCE a written statement of how much something will cost, for example some building work; = QUOTE:

• Could you give us a quotation for fixing the roof?

• an insurance quotation

2. FINANCE the price of a share on a stockmarket, either its selling price or its buying price:

• The company processes the stock quotations from all of the nation's major exchanges.

• the day's listing of mutual fund quotations

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   Current price or rate given in the market or exchange. Not necessarily the price at which a trade will be made.

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quotation UK US /kwəʊˈteɪʃən/ noun (INFORMAL quote)
[C] COMMERCE a statement of how much a job, service, or product will cost: a quotation for sth »

You can request a quotation for professional indemnity insurance online.

get/give sb/ask for a quotation »

Get at least three quotations for the work.

»

Written quotations are available on request.

Compare ESTIMATE(Cf. estimate) noun
[C] UK STOCK MARKET the price of a company's shares on a stock market at a particular time: »

In a few years, trading securities will be digital and people will be able instantly to get stock-price quotations.

»

By publishing quotations, the market maker raises the profile of the security.

[C, U] STOCK MARKET if a company's shares have a quotation on a particular stock market, they are being traded on it: »

A quotation on the London market is a logical next step.

»

In 2005 the company withdrew its shares from public quotation .

See also APPLICATION FOR QUOTATION(Cf. ↑application for quotation), NOMINAL QUOTATION(Cf. ↑nominal quotation)

Financial and business terms. 2012.

Synonyms:

Look at other dictionaries:

  • quotation — index attribution, bid, charge (cost), citation (attribution), cost (price), estimate (approximate cos …   Law dictionary

  • Quotation — Quo*ta tion (kw[ o]*t[=a] sh[u^]n), n. [From {Quote}.] 1. The act of quoting or citing. [1913 Webster] 2. That which is quoted or cited; a part of a book or writing named, repeated, or adduced as evidence or illustration. Locke. [1913 Webster] 3 …   The Collaborative International Dictionary of English

  • quotation — (n.) mid 15c., numbering, later (1530s) marginal notation, from M.L. quotationem (nom. quotatio), from quotare to number (see QUOTE (Cf. quote)). Meaning passage quoted is from 1680s. Quotation marks attested by 1777 …   Etymology dictionary

  • quotation — / quote [n1] repetition of something spoken or written by someone citation, citing, cutting, excerpt, extract, passage, quote, recitation, reference, saying, selection; concepts 274,278 quotation / quote [n2] financial estimate bid, bid price,… …   New thesaurus

  • quotation — ► NOUN 1) a passage or remark repeated by someone other than the originator. 2) the action of quoting. 3) a short musical passage or visual image taken from one piece of music or work of art and used in another. 4) a formal statement of the… …   English terms dictionary

  • quotation — [kwō tā′shən] n. [ML quotatio] 1. the act or practice of quoting 2. the words or passage quoted 3. Commerce a) the current quoted price of a stock, bond, commodity, etc. b) a document containing such a price or prices, usually an offer to sell… …   English World dictionary

  • Quotation — This article is about quoting text. For information about the punctuation mark, see Quotation mark. For the non English usage, see Quotation mark, non English usage. For market data relating to a security or commodity, see Financial quote. For… …   Wikipedia

  • quotation — Often referred to as a quote. The actual, bid, or asked price of futures, options, or cash commodities at a certain time. The CENTER ONLINE Futures Glossary Highest bid and lowest offer (asked ) price currently available on a security or a… …   Financial and business terms

  • quotation — noun 1 words taken from a book, etc. ADJECTIVE ▪ famous, memorable ▪ direct, verbatim ▪ a direct quotation from a recent speech by the president ▪ illustrative …   Collocations dictionary

  • quotation */ — UK [kwəʊˈteɪʃ(ə)n] / US [kwoʊˈteɪʃ(ə)n] noun [countable] Word forms quotation : singular quotation plural quotations 1) words from a book, play, film etc that you mention when you are speaking or writing quotation from: a famous quotation from… …   English dictionary

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