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English definition of “quotation”

quotation

noun     /kwəʊˈteɪʃən/ (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. → Compare estimate noun
[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 . → See also application for quotation, nominal quotation
(Definition of quotation noun from the Cambridge Business English Dictionary © Cambridge University Press)
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