quotation

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Quotation

Highest bid and lowest offer (asked) price currently available on a security or a commodity.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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

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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. 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.

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.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
References in periodicals archive ?
Users can receive a quotation for their project within 24 hours.
The average farm-gate price of unmilled rice has inched closer to P21 per kilogram price level as the commodity rose to an 11-week high of P20.40 per kg quotation, latest preliminary data released by the Philippine Statistics Authority (PSA) showed.
(12) The Bluebook has rules for "quotations within quotations" too (13) but it does not address how to deal with the successive layers of source indication that result from the rules when a quotation is slightly altered and requoted by court after court.
These spurious quotations, examples of what Hobsbawm (1983) calls invented tradition, lend heritage and authority to a radical pro-gun, anti-government position.
Analyze the differences of Solim book quotations and others in prediction of imam Mehdi coming and related event:
In this essay, we offer preliminary observations about the online use of plausible but sometimes fabricated quotations. We first briefly review the history of literary fabrication and contrast it with the use of fabricated quotations.
Warner says in her introduction that she has been collecting quotations since she was a teenager; in this volume, however, she focuses only on the quotations of women, because she believes there is a dearth of such works.
Although the use of quotations to introduce psychological concepts is relatively common in textbooks, their role in classroom instruction is unknown.
Speaking of Higher Education is a Bartlett's of sorts, chockablock full of remarks by famous (sometimes) men (mostly) on a variety of academic subjects, although some are borrowed from an earlier volume of academic quotations (the 1995 International Education Quotations Encyclopaedia) and some even from Bartlett's itself.
In short, a Japan launch is divided into segments, and the would-be market entrant must get a quotation at each one.
"The next best thing to being clever is being able to quote some one who is," a 1938 comment by Mary Pettibone Poole, opens the commentary on the dust jacket of Rosalie Maggio's New Beacon Book of Quotations by Women (1996).