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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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.
References in periodicals archive ?
Note that we retained the bracket around "was" and "the" because the words were added and not part of the original quote, but by using (cleaned up), we are communicating to the reader that all internal nonmaterial quotation marks, alterations, or citations have been removed.
In this case, there is a question mark in the title of the film, so it stays within the quotation marks.
(26) We're told to use a parenthetical when we've taken out a footnote--(footnote omitted), a citation--(citation omitted), or quotation marks--(internal quotation marks omitted); (27) when we've added or removed emphasis--(emphasis added) or (emphasis removed); and sometimes when we haven't changed the quotation--(alteration in original).
Quotation marks are used chiefly for certain titles and for reporting another writer or speaker's actual words.
I use quotation marks as opposed to italics when designating a word.
My humble apologies for putting quotation marks around a phrase Mr.
PAUL, TAXATION FOR PROSPERITY 277 (1947) (internal quotation marks omitted).
* Identify when to use quotation marks and/or cite a source when writing reports.
at 355 [some internal quotation marks omitted], quoting Miller v Continental Ins.
It comes down to something as silly as a set of quotation marks.
The second option there, "this exact wording or phrase," duplicates the quotation mark trick without needing quotation marks.