Quote

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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 (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 ?
The documentation requirements of a price-setting policy in the case of commodities that are traded at a quoted price, which would implicate the CUP arms length price, is an important element to be taken into account by tax authorities while performing their transfer pricing evaluations and risks assessments.
Abnormal (or significant increases in) liquidity risk premiums or implied yields for quoted prices when compared with reasonable estimates (using realistic assumptions) of credit and other nonperformance risk for the asset class.
Customers who pre- ordered 500MHz machines will be offered the 450MHz model at its originally quoted price. Apple still has some $750m worth of back orders - around 400,000 systems - it must fulfill.
The quoted prices would cover a minimum volume of 200 shares in four round lots, Spar said.
Greenwich Trading Standards Group objected that the advertisement quoted prices which were not available at the time that the ad was published.
IN recent weeks I have watched in horror at Spreadex's treatment of arbs and their attitude to laying quoted prices.
Rival toy store The Jolly Giant objected, saying the toys pictured could not be bought at the quoted prices.
This includes a review of any internal valuation models, sample comparison of valuations produced by these models with independent outside valuation sources (quoted prices for exchange-traded options and futures, dealer quotes for currency and interest rate swaps and pricing services and possibly valuation specialists for unique and highly structured derivatives), testing of inputs (such as yield curves for currency and interest rate swaps and volatilities for options) to the internal models against current market data and testing of the consistency of the values ascribed by the company's models by the use of selected test transactions or by reference to actual sale or purchase transactions.
According to TCP here Tuesday, 15 bidders participated in the tender and quoted prices ranging from $ 411.77 to $ 488.00 PMT (C&F).
Two further complaints, regarding the availability of certain offers, were not upheld after the Authority accepted evidence from the carrier which proved that several passengers had flown to the destinations in question at the quoted prices.
This attitude of either scaling down bets or not giving the quoted prices is so annoying.