quotation definition | Dictionary.com

quo⋅ta⋅tion

[kwoh-tey-shuh

–noun

1.	something that is quoted; a passage quoted from a book, speech, etc.: a speech full of quotations from Lincoln's letters.

2.	the act or practice of quoting.

Commerce.

a.	the statement of the current or market price of a commodity or security.

b.	the price so stated.

Origin:
1525–35; 1810–15 for def. 3; < ML quotātiōn- (s. of quotātiō), equiv. to quotāt(us) (ptp. of quotāre; see quote ) + -iōn- -ion

Synonyms:
1. extract, citation, selection.

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Link To quotation

quo·ta·tion (kwō-tā'shən)

The act of quoting.
A passage quoted.
An explicit reference or allusion in an artistic work to a passage or element from another, usually well-known work: "Direct quotations from other paintings are fairly sparse" (Robert Hughes).
1. The quoting of current prices and bids for securities and goods.
2. The prices or bids cited.

quo·ta'tion·al adj., quo·ta'tion·al·ly adv.

The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Quotation

Quo*ta"tion\, n. [From Quote.]

1. The act of quoting or citing.

2. That which is quoted or cited; a part of a book or writing named, repeated, or adduced as evidence or illustration. --Locke.

3. (Com.) The naming or publishing of the current price of stocks, bonds, or any commodity; also the price named.

4. Quota; share. [Obs.]

5. (print.) A piece of hollow type metal, lower than type, and measuring two or more pica ems in length and breadth, used in the blank spaces at the beginning and end of chapters, etc.

Quotation marks (Print.), two inverted commas placed at the beginning, and two apostrophes at the end, of a passage quoted from an author in his own words.

Webster's Revised Unabridged Dictionary, © 1996, 1998 MICRA, Inc.
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Language Translation for : quotation

Spanish: cita,

German: das Zitat,

Japanese: 引用

More Translations »

quotation

1456, "numbering," later (1532) "marginal notation," from M.L. quotationem (nom. quotatio), from quotare "to number" (see quote). Meaning "passage quoted" is from 1690.

Quotation

A very common term which actually refers to two numbers - the highest bid price currently available for a security or commodity and the lowest ask price currently available for the same security/commodity.

Investopedia Commentary

A security's or commodity's quotation represents two pieces of information: the price an investor would need to pay to purchase an asset at a particular moment in time (the lowest price "asked" by sellers) and the price an investor would receive for the same asset if they sold it at the same time (the highest "bid" by potential buyers). Taken together, the difference between the two represents the liquidity cost an investor incurs when trading an asset, since they must buy at the bid price and sell as the ask price.

quotation

A statement or listing of the price at which a security trades. A quotation is often the last price at which the trade took place, but occasionally it is the current bid and ask. For example, a quotation of $15-$15.25 means that the market maker is willing to buy at $15 per share (the bid) and sell at $15.25 per share (the ask). Also called quote.

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