- Often referred to as a "quote." The actual, bid, or asked price of futures, options, or cash commodities at a certain time. The CENTER ONLINE Futures Glossary————Highest bid and lowest offer (asked ) price currently available on a security or a commodity. Bloomberg Financial Dictionary————The price quoted by a market-maker at which he/she will trade. Exchange Handbook Glossary
* * *quotation quo‧ta‧tion [kwəʊˈteɪʆn ǁ kwoʊ-] noun [countable]1. COMMERCE a written statement of how much something will cost, for example some building work; = QUOTE:
• Could you give us a quotation for fixing the roof?
• an insurance quotation2. FINANCE the price of a share on a stockmarket, either its selling price or its buying price:
• The company processes the stock quotations from all of the nation's major exchanges.
• the day's listing of mutual fund quotations
* * *Current price or rate given in the market or exchange. Not necessarily the price at which a trade will be made.
* * *quotation UK US /kwəʊˈteɪʃən/ noun (INFORMAL quote)► [C] COMMERCE a statement of how much a job, service, or product will cost: a quotation for sth »
You can request a quotation for professional indemnity insurance online.get/give sb/ask for a quotation »
Get at least three quotations for the work.»
Written quotations are available on request.► [C] UK STOCK MARKET the price of a company's shares on a stock market at a particular time: »
In a few years, trading securities will be digital and people will be able instantly to get stock-price quotations.»
By publishing quotations, the market maker raises the profile of the security.► [C, U] STOCK MARKET if a company's shares have a quotation on a particular stock market, they are being traded on it: »
A quotation on the London market is a logical next step.»
In 2005 the company withdrew its shares from public quotation .
Financial and business terms. 2012.