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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.

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 ?
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.
Small businesses can submit application for property/casualty insurance and get call with a quote.
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).
DTR's quoting package, for example, can generate one quote to cover multiple-quantity runs.