quote

quote
An indication of current bids and offers in the market on a particular contract or spread. Chicago Mercantile Exchange Glossary
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The highest bid price and the lowest offer price for a security at any particular time.
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An offer to buy or sell a quote driven security. Quotes are displayed by market makers that are registered in that security. London Stock Exchange Glossary
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The current " spread" relating the bid and the ask for a security. The bid is the highest price at which someone is willing to buy a security. The ask is the lowest price at which someone is willing to sell a security. NYSE Euronext Glossary

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▪ I. quote quote 1 [kwəʊt ǁ kwoʊt] verb [transitive]
1. COMMERCE to tell a customer the price you will charge them for a service or product:

• Hotels often quote a special rate for groups who use the hotel on a regular basis.

2. FINANCE to give the price of a share or currency:
quote be quoted at

• The company's shares were quoted at $35.375, down 12.5 cents.

• The dollar was quoted at 124.85 yen.

  [m0] ▪ II. quote quote 2 noun [countable]
COMMERCE a written statement of how much something will cost, for example some building work; = QUOTATION:

• Always get a quote before proceeding with work.

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Ⅰ.
quote UK US /kwəʊt/ verb
► [I or T] COMMERCE to tell a customer how much a job, service, or product will cost: quote sb sth »

A law firm in Washington D.C. quoted me a fee of $25,000 to get the paperwork done.

 quote for sth »

Some insurers will even decline to quote for new business if the home is in a risky area.

► [T] STOCK MARKET, FINANCE to give the current price of a company's shares or of a currency: »

The old system allows market makers to quote prices at which they will buy and sell large blocks of shares through all conditions.

 quote sth at $1.50/£2.25/75p, etc. »

The British pound was quoted at $1.5117, down from $1.5135 in New York.

► [T] UK STOCK MARKET to record a company's name on a stock exchange so that its shares can be traded there: quote sth on sth »

The Footsie is an average of the share prices of the biggest 100 companies quoted on the stock market.

→ Compare LIST(Cf. ↑list) verb
Ⅱ.
quote UK US /kwəʊt/ noun [C] INFORMAL COMMERCE
► a statement of how much a job, service, or product will cost: »

Most quotes are valid for a month.

 »

If you already have a UK medical policy, ask for a quote for offshore cover.

 a quote for (doing) sth »

The quotes for the building work varied from $15,000 to $70,000.


Financial and business terms. 2012.

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Synonyms:
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Look at other dictionaries:

  • quote — quote, cite, repeat are not close synonyms, though all mean to speak or write again something already said or written by another. Quote usually implies a use of another s words, commonly with faithful exactness or an attempt at it, for some… …   New Dictionary of Synonyms

  • Quote — (kw[=o]t), v. t. [imp. & p. p. {Quoted}; p. pr. & vb. n. {Quoting}.] [OF. quoter, F. coter to letter, number, to quote, LL. quotare to divide into chapters and verses, fr. L. quotus. See {Quota}.] [Formerly written also {cote}.] 1. To cite, as a… …   The Collaborative International Dictionary of English

  • quote — QUOTE. adj. f. Il n a d usage que dans cette phrase, Quote part, Qui se dit de la part que chacun doit payer ou recevoir dans la repartition d une somme totale. Il doit payer tant pour sa quote part. il luy revient tant pour sa quote part.… …   Dictionnaire de l'Académie française

  • Quote — bezeichnet einen Anteil einer Bestandsgröße, zum Beispiel Frauenquote, oder in selteneren Fällen das Verhältnis zweier Größen, zum Beispiel Wettquote. Sie wird meistens in Prozent angegeben. Im Gegensatz zur Rate, die sich immer auf eine… …   Deutsch Wikipedia

  • quote — quote; un·quote; mis·quote; …   English syllables

  • quote — ► VERB 1) repeat or copy out (a passage or remark by another). 2) repeat a passage or remark from. 3) (quote as) put forward or describe as being. 4) give someone (an estimated price). 5) (quote at/as) name (someone or something) at (specified… …   English terms dictionary

  • quote — [kwōt] vt. quoted, quoting [altered (infl. by L) < ME coten < ML quotare, to mark the number of, divide into chapters < L quotus, of what number < IE * kwoti , how many < interrogative base * kwo > WHO] 1. to reproduce or repeat …   English World dictionary

  • Quote — (kw[=o]t), n. A note upon an author. [Obs.] Cotgrave. [1913 Webster] …   The Collaborative International Dictionary of English

  • quote — I verb adduce, adferre, circumstantiate, cite, cite a holding of a case, corroborate, detail, document, duplicate, establish, excerpt, extract, give word for word, go into detail, instance, make reference, paraphrase, point out, produce an… …   Law dictionary

  • Quote — (v. lat.), bei gemeinschaftlichem Gewinn od. Verlust od. bei Abgaben der Antheil, welcher auf den Einzelnen od. auf einen besteuerten Gegenstand kommt; daher Quotiren, diese Vertheilung bewirken; Quotation (Quotisation), die Antheilsberechnung;… …   Pierer's Universal-Lexikon

  • Quote — (lat., pars quota, »der wievielte Teil«), Bruchteil eines Ganzen, z. B. einer Erbschaft; bei Abrechnungen oder Abgaben der Anteil, der auf den Einzelnen kommt. Pro quota, verhältnismäßig. Quotieren, diese Verteilung bewirken …   Meyers Großes Konversations-Lexikon

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