quotation

noun
quo·​ta·​tion | \kwō-ˈtā-shən also kō- \

Definition of quotation 

1 : something that is quoted especially : a passage referred to, repeated, or adduced

2a : the act or process of quoting

b(1) : the naming or publishing of current bids and offers or prices of securities or commodities

(2) : the bids, offers, or prices so named or published especially : the highest bid and lowest offer for a particular security in a given market at a given time

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Synonyms for quotation

Synonyms

citation, quote

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Examples of quotation in a Sentence

He gathered quotations from the trial transcript to prove his point. a well-known quotation attributed to Abraham Lincoln a book of humorous quotations She relied heavily on quotation in her essays, which made them less original.
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Recent Examples on the Web

Now dozens of them — along with Ali quotations, fight posters, ticket stubs, magazine covers — adorn the walls of the spacious gym, with its regulation ring and punching bag. Frank Fitzpatrick, Philly.com, "Muhammad Ali's secluded Pa. camp and the fight to save it, led by John Madden's son," 3 July 2018 Quotefancy’ to find a quotation for use as part of an internal email. Marina Pitofsky, USA TODAY, "University apologizes for sending quote from Nazi general to students," 22 June 2018 Image Left unclear was exactly what Mr. Theodoracopulos was claiming to have misrepresented or whether the quotation itself was inaccurate. New York Times, "Did Harvey Weinstein Admit to Trading Movie Roles for Sex?," 13 July 2018 The hymn’s lyrics, though, are a quotation from another part of the Bible. Alissa Wilkinson, Vox, "What two fictional Gileads can teach us about America in 2018," 12 July 2018 The only response from the Department of Veterans Affairs in Washington was a May 2017 quotation from the VA secretary at the time. Anne Saker, Cincinnati.com, "Cincinnati hospitals reluctantly realize that medical marijuana is coming to town," 11 July 2018 The article contained a quotation that was incorrectly attributed to Ms. Taylor-Young, and it was accompanied by a photo of an unidentified person. WSJ, "Corrections & Amplifications," 9 May 2018 Archaeologists working in Egypt in the late 19th century began collecting scraps of papyrus containing lines, quotations and even complete chapters of the stories. Jason Daley, Smithsonian, "Oldest Greek Fragment of Homer Discovered on Clay Tablet," 11 July 2018 Most of these pieces shift among scenes from Hodson’s working life, high-drama moments from her romantic exploits and quotations from other writers, including Roland Barthes and Mary Ruefle. Maddie Crum, The Seattle Times, "What is a woman’s body worth in America?," 25 June 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'quotation.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of quotation

1607, in the meaning defined at sense 1

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Statistics for quotation

Last Updated

10 Oct 2018

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Time Traveler for quotation

The first known use of quotation was in 1607

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More Definitions for quotation

quotation

noun

Financial Definition of quotation

What It Is

Quotation is the long form of quote, which refers to stock quote. A stock quote is an estimate of price or a price at which one party is willing to buy or sell a certain number of shares of stock from the other. A quotation consists of a bid price and an ask price.

How It Works

For example, a quotation for Company XYZ stock includes the real-time bid price, ask price, quote size, price of the last trade, size of the last trade, the high price for the day, and the low price for the day. Quotations are available from the exchanges online, via the media, or in financial publications.

A level I quote is the real-time bid and ask price for a security that trades on the Nasdaq or over-the-counter markets. They do not disclose which market makers are bidding for or offering the security, whether there are limit orders on the security, or the size of potential trades at a particular price.

A level II quote is a set of real-time trading information for a security that trades on the Nasdaq or over-the-counter markets. It includes the real-time bid price, ask price, quote size, price of the last trade, size of the last trade, the high price for the day, the low price for the day, and a ranked list of the real-time best bid and ask prices from participating market makers.

A level III quote includes all of the above but also allows a market maker to change its bids, offers, and order sizes for securities in which it makes a market, as well as execute orders, change quotes, and send out trade confirmations.

Why It Matters

Quotations are necessary to inform investors about the prices of securities. The information contained in a quotation is sometimes limited; for example, it may not disclose which market makers are bidding for or offering the security, whether there are limit orders on the security, or the size of potential trades at a particular price. In other words, quotations do not give the viewer access to the "order book" showing who has an interest in a security and at what price. But quotations do give traders and investors a basic idea of how a security is doing.

Source: Investing Answers

quotation

noun

English Language Learners Definition of quotation

: something that a person says or writes that is repeated or used by someone else in another piece of writing or a speech

: the act of using quotations in a piece of writing or a speech

: a written statement of how much money a particular job will cost to do

quotation

noun
quo·​ta·​tion | \kwō-ˈtā-shən \

Kids Definition of quotation

: material (as a sentence or passage from a book) that is repeated exactly by someone else

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Comments on quotation

What made you want to look up quotation? Please tell us where you read or heard it (including the quote, if possible).

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