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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.
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QUOTE UNQUOTE: "Working in this film has been an exciting as well as unnerving experience.
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I shoved him and essentially he fell on his back and quote unquote he was injured," said the one-time PBA best import.
Fergal Lynch landed the most dramatic win of all, reeling in Inaminute and big drifter Quote Unquote in the dying strides on 6-1 chance Psycho Cat, who hit 12.5 in play.
She told me she was going to Nobu in Malibu and I quote unquote I asked her, 'How are you doing at Nobu?' Nobody said 'How are you doing at the restaurant?' She told me she was going to Nobu.
Quote Unquote (2.00 Southwell, nap)Shapes as if this return to six furlongs will suit.
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Editor Nigel Rees, host of Radio 4's Quote Unquote, brings the history of linguistic and cultural developments up-to-date with entries from the world of advertising, film, politics and pop.
Ripon: 6.55 San Michele, 7.25 Quote Unquote, 7.55 Grand Course, 8.25 Bluff, 8.55 Del Mar Sunset, 9.25 Faleh.