quotation

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A price quoted by a contractor, subcontractor, material supplier, or vendor to furnish materials, labor, or both.

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The primary device indicating that words are being mentioned rather than used. See use/mention distinction.

In commercial usage, a statement of the price of an item or of the market price of a security or commodity; it also refers to the price stated in response to an inquiry, see 2 Cal.
Rptr. 310, 314. More generally, the word for word repetition of a statement from some authority, case, or law. See also citation.

A type of quote that gives both the bid and the ask price of a security, informing would-be traders of the current price at which they could buy or sell the security. The two-way quote also shows the spread between the bid and the ask, giving traders an idea of the current liquidity in the security (a smaller spread indicates more liquidity).

Investopedia Says:
This type of quote provides more information to users than a last-trade quote, which quotes only the price at which the security last traded.

An example of a two-way quote would be: Citigroup quote of $52.50/$53.30.
This tells traders they can currently purchase Citigroup shares for $53.30 or sell them for $52.50. The spread between the bid and the ask is $0.80 ($53.30-$52.50).

Related Links:
We explain the meaning and use of that reel of symbols whizzing across your TV or computer screen. Understanding The Ticker Tape
Learn about six common types of financial tables and figure out how to interpret them. Reading Financial Tables Tutorial

A cynical view of the world by Ambrose Bierce

n.

The act of repeating erroneously the words of another. The words erroneously repeated.

    Intent on making his quotation truer,
    He sought the page infallible of Brewer,
    Then made a solemn vow that we would be
    Condemned eternally.  Ah, me, ah, me!
                                                          Stumpo Gaker

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Quotes:

"One must be a wise reader to quote wisely and well." - Amos Bronson Alcott

"Apothegms are portable wisdom, the quintessential extracts of thought and feelings." - William R. Alger

"Quotes from Mao, Castro, and Che Guevara... are as germane to our highly technological, computerized society as a stagecoach on a jet runway at Kennedy airport." - Saul Alinsky

"When one begins to live by habit and by quotation, one has begun to stop living." - James Baldwin

"The surest way to make a monkey of a man is to quote him." - Robert Benchley

"Quotations in my work are like wayside robbers who leap out armed and relieve the stroller of his conviction." - Walter Benjamin

See more famous quotes about Quotations

For a list of words related to quotation, see:

• Economics and Economic Theory - quotation: current price of commodity or security
• Securities - quotation: current price of stock or commodity; record of opening and closing prices and number of shares traded on particular day

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  See crossword solutions for the clue Quotation.

This entry is from Wikipedia, the leading user-contributed encyclopedia. It may not have been reviewed by professional editors (see full disclaimer)

Dansk (Danish)
n. - citat, anførelse

idioms:

• quotation marks    citationstegn, anførselstegn

Nederlands (Dutch)
citaat, prijsopgave, notering, muzikale passage geciteerd in ander werk

Français (French)
n. - citation, devis, (Fin) cours, cote

idioms:

• quotation marks    guillemets

Deutsch (German)
n. - Zitat, Preisangabe, Notierung

idioms:

• quotation marks    Anführungszeichen

Ελληνική (Greek)
n. - απόσπασμα, εδάφιο, ρητό, (οικον.) προσφορά (τιμής σε διαγωνισμό κ.λπ.), τρέχουσα επίσημη χρηματιστηριακή τιμή

idioms:

• quotation marks    (γραμμ.) εισαγωγικά (σημεία στίξεως)

Italiano (Italian)
citazione, preventivo, quotazione

idioms:

• quotation marks    virgolette

Português (Portuguese)
n. - citação (f), quotação de preço (f)

idioms:

• quotation marks    aspas

Русский (Russian)
цитирование, цитата, котировка

idioms:

• quotation marks    кавычки

Español (Spanish)
n. - cita, lista de precios, cotización

idioms:

• quotation marks    comillas

Svenska (Swedish)
n. - citat, citerande, kurs (hand.), notering (hand.), kostnadsförslag, offert

中文（简体）(Chinese (Simplified))
引用语, 报价单, 价格

idioms:

• quotation marks    引号

中文（繁體）(Chinese (Traditional))
n. - 引用語, 報價單, 價格

idioms:

• quotation marks    引號

한국어 (Korean)
n. - 인용, 인용문, 시세

日本語 (Japanese)
n. - 引用, 引用文, 相場, 見積もり, 込め物

idioms:

• quotation marks    引用符

العربيه (Arabic)
‏(الاسم) الاقتباس, , الاستشهاد, تحديد سعر السلعه الحالي, جمله مقتبسه‏

עברית (Hebrew)
n. - ‮ציטוט, ציטטה, מובאה, מחיר, הצעת מחיר‬

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