quote
[kwoht]
verb, quot⋅ed, quot⋅ing, noun | 1. | to repeat (a passage, phrase, etc.) from a book, speech, or the like, as by way of authority, illustration, etc. |
| 2. | to repeat words from (a book, author, etc.). |
| 3. | to use a brief excerpt from: The composer quotes Beethoven's Fifth in his latest work. |
| 4. | to cite, offer, or bring forward as evidence or support. |
| 5. | to enclose (words) within quotation marks. |
| 6. | Commerce.
|
| 7. | to make a quotation or quotations, as from a book or author. |
| 8. | (used by a speaker to indicate the beginning of a quotation.) |
| 11. | quote unquote, so called; so to speak; as it were: If you're a liberal, quote unquote, they're suspicious of you. |
1350–1400; 1880–85 for def. 9; ME coten, quoten (< OF coter) < ML quotāre to divide into chapters and verses, deriv. of L quot how many

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Based on the Random House Dictionary, © Random House, Inc. 2009.
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Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Quote
Quote\, 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 passage from some author; to name, repeat, or adduce, as a passage from an author or speaker, by way of authority or illustration; as, to quote a passage from Homer. 2. To cite a passage from; to name as the authority for a statement or an opinion; as, to quote Shakespeare. 3. (Com.) To name the current price of. 4. To notice; to observe; to examine. [Obs.] --Shak. 5. To set down, as in writing. [Obs.] "He's quoted for a most perfidious slave." --Shak. Syn: To cite; name; adduce; repeat. Usage: Quote, Cite. To cite was originally to call into court as a witness, etc., and hence denotes bringing forward any thing or person as evidence. Quote usually signifies to reproduce another's words; it is also used to indicate an appeal to some one as an authority, without adducing his exact words.Quote
Quote\, n. A note upon an author. [Obs.] --Cotgrave.Cite This Source
quote (v.)
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Quote
1. The last price at which a security or commodity traded, meaning the most recent price on which a buyer and seller agreed and at which some amount of the asset was transacted.
2. The bid or ask quotes are the most current prices and quantities at which the shares can be bought or sold. The bid quote shows the price and quantity at which a current buyer is willing to purchase the shares, while the ask shows what a current participant is willing to sell the shares for.
This is also known as an asset's "quoted price".
Investopedia Commentary
1. Quotes for stock and bond prices change throughout the trading day as new transactions occur one after another in a continual stream of trades. When you look up a stock quote for a given company, you are looking at the most recent price at which a trade was successfully executed for that particular security.
2. Potential investors or sellers in a company are more concerned about the bid and ask quotes as they reflect at what prices the stock can be bought or sold, while the price quote as defined in the first definition shows the price at which the stock traded most recently.
Related Links
Stock Basics Tutorial
The Basics Of Order Entry
Understanding Order Execution
Understanding The Ticker Tape
See also: Ask, Bid, Bond Quote, Quotation, Security, Stock Quote
Also spelled: quoted price
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