Quote


Also found in: Dictionary, Thesaurus, Medical, Legal, Idioms, Encyclopedia, Wikipedia.

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 (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.

References in periodicals archive ?
Estimates and quotes are important for businesses, especially in the trades, where customers want to see a written of what they can expect to pay before they give work the green light.
Apparently the quote was repeated to various clergy until it finally reached the Pope, who allegedly said a few words about it to the late Cardinal Leger, then a pastor in Montreal.
Instant Quote Professional will save hours upon hours of your time, thereby allowing you to earn more profits by freeing time that can be spent making sales calls to your customers.
BALLARD (writer): Oh yes, I just remembered a quote of Oscar Wilde's, which is, "I never travel without my diary.
Now consumers interested in insurance quotes can receive them not only via email, but instantly by phone if they so choose.
Small businesses can submit application for property/casualty insurance and get call with a quote.
The students picked quotes from women such as first ladies Abigail Adams and Eleanor Roosevelt, author Louisa May Alcott, singer Helen Reddy, Princess Diana, Billie Holiday, Bette Davis and feminist Gloria Steinem.
Quick Quote calculates molding prices, based on different combinations of part quantity, cycle time, and mark-up (up to eight combinations are available per quote).
com CRM system to provide a single view of customer data, in addition to automatically updating sales forecasts as quotes and orders are created and changed.
DTR's quoting package, for example, can generate one quote to cover multiple-quantity runs.
The new site features include live streaming stock quotes that update automatically, without requiring a manual browser refresh.
The Auto Club Group (ACG) - the largest affiliation of AAA clubs in the Midwest - announced today (February 9) the launch of a new online insurance quote system that allows customers to obtain a competitive, real-time insurance quote any time of the day or night.