quotation


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Related to quotation: Quotation marks

Quotation

Highest bid and lowest offer (asked) price currently available on a security or a commodity.

Quote

1. The highest price that a buyer is willing to pay for a security and the lowest price that a seller is willing to receive. The quote is displayed on a ticker and provides investors with the current price for each security.

2. On an exchange, the last price at which a security, commodity, or derivative traded. This changes throughout a trading day and is recorded on the ticker.

quotation

A statement or listing of the price at which a security trades. A quotation is often the last price at which the trade took place, but occasionally it is the current bid and ask. For example, a quotation of $15-$15.25 means that the market maker is willing to buy at $15 per share (the bid) and sell at $15.25 per share (the ask). Also called quote.

Quotation (Quote).

On a stock market, a quotation combines the highest bid to buy and the lowest ask to sell a stock.

For example, if the quotation on DaveCo stock is "20 to 20.07," it means that the highest price that any buyer wants to pay is $20, and the lowest price that any seller wants to take is $20.07.

How that spread is resolved depends on whether the stock is traded on an auction market, such as the New York Stock Exchange (NYSE), or on a dealer market, such as the Nasdaq Stock Market, where the price is negotiated by market makers.

quotation

  1. the price and terms on which a firm is prepared to supply a good or service. Quotations often include detailed technical specifications of the product to be supplied, delivery dates and credit terms. Several suppliers may quote for a contract put out to TENDER by the purchaser.
  2. the price at which a MARKET MAKER is prepared to buy or sell a FINANCIAL SECURITY (STOCKS. SHARES etc.) or FOREIGN CURRENCY. Market makers often quote two prices, the price at which they are prepared to buy a financial security or currency and the price at which they are prepared to sell the security or currency
  3. permission from a STOCK MARKET'S regulatory authority for a company's shares to be traded ‘in that market. See LISTED COMPANY.
References in periodicals archive ?
The cited source was Ulysses, and so Bruce had the task of locating the quotation in one of the longest and least easily scanned novels of the twentieth century
If interests in a partnership are not traded through an interdealer quotation system or other established securities market (as described), the partnership may qualify for one of the following safe harbors.
Investors may also find it more difficult to obtain accurate quotations as to the market value of the Company's common stock.
The Oxford dictionary of American quotations, 2d ed.
Visitors to the site whittled the list down to a Top 10 and then the public was invited to vote for their favourite quotation by email and by postcard.
Contracting agency reasonably considered additional, value-added features offered by vendor where solicitation stated that quotations offering features beyond those specified in the solicitation, and found to be of value to the agency, would be favorably considered in the evaluation.
Although books in Japanese treating Natsume S[angle quotation mark, right]seki (1867-1916), the man many consider the finest modern Japanese novelist, number in the hundreds, it is only with the appearance of the work under review that a full-length study devoted to this complex man and his broad, variegated oeuvre is available in English.
There are even cases where a potential customer wants the results of a simulation with the quotation, before an order is placed.
This press release includes forward-looking statements, made pursuant to the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995, regarding the suspension and delisting of Wolverine's common stock from the NYSE and Wolverine's intent to seek quotation of its common stock on the OTC Bulletin Board.
Tenders are invited for Notice inviting quotation - engagement of personnel for housekeeping on contract basis - reg.
For each quotation, the writer or speaker and his or her title are identified, along with the original source of the quotation and its context.
protests the agency's evaluation of quotations, and the selection of a higher-rated, slightly higher-priced quotation from another vendor, Access Systems, Inc.