Dictionary
Thesaurus
Encyclopedia
Translator
Web
Related Searches
Synonyms
Nearby Words

quotation

 - 5 dictionary results
Top Quotations
90 top quotes to fit the occasion. Find the right one in 2 minutes.
www.hunch.com

quo⋅ta⋅tion

  [kwoh-tey-shuhn]
Use quotation in a Sentence
–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.
3. 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.
Cite This Source Link To quotation
Top Quotations
90 top quotes to fit the occasion. Find the right one in 2 minutes.
www.hunch.com
quo·ta·tion   (kwō-tā'shən)   
n.  

  1. The act of quoting.

  2. A passage quoted.

  3. 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.
Cite This Source
Word Origin & History

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.
Online Etymology Dictionary, © 2001 Douglas Harper
Cite This Source
Financial Dictionary

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.

Related Links

Understanding The Ticker Tape
Reading Financial Tables Tutorial

See also: Ask, Bid, Bid-Ask Spread, Market Versus Quote, Quote, Valuation

Investopedia.com. Copyright © 1999-2005 - All rights reserved. Owned and Operated by Investopedia Inc.
Cite This Source
Financial Dictionary

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.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
Cite This Source
Search another word or see quotation on Thesaurus | Reference
FacebookTwitterFollow us:
Partner Sites:
Ask AnswersEviteExpediaHotelsHotwireLife123LiveDailyMy Way