quotation

noun
quo·​ta·​tion | \ kwō-ˈtā-shən also kō- How to pronounce quotation (audio) \

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

Along with excerpts from a seminal paper in 1936 and a binary representation of his date of birth, the new note contains a quotation from 1949, when only a handful of computers existed in the world. The Economist, "The Internet of Things will bring the internet’s business model into the rest of the world," 12 Sep. 2019 The quotation suggests that one can overcome internal fears and achieve success even when the path forward is difficult. Constance Grady, Vox, "Why Marianne Williamson’s most famous passage keeps getting cited as a Nelson Mandela quote," 30 July 2019 It was loaded with health updates, inspirational quotations and community adoration. Abby Ellin, New York Times, "He Was the Face of a Bike-a-thon to Fight Cancer. He Was Also a Fake.," 1 Aug. 2019 But Warren came to learn that quotations and data points weren’t enough. Liz Goodwin, BostonGlobe.com, "For a young Elizabeth Warren, ‘a fire-cracker questioner,’ debate was a ticket to another life," 22 June 2019 Actor John Cusack is apologizing for re-tweeting an anti-Semitic cartoon and quotation after defending the post, then deleting it. CBS News, "John Cusack apologizes for retweeting apparent anti-Semitic cartoon," 18 June 2019 Radu Jude’s explosively eloquent and morally galvanizing sixth feature, is a quotation from the words of Ion Antonescu, the 1940s Romanian marshal who steered his country into an alliance with Nazi Germany. Los Angeles Times, "Review: ‘I Do Not Care If We Go Down in History as Barbarians’ interrogates the past," 24 July 2019 If there is a single colorful quotation to his name, it has not been found. Chris Buckley, BostonGlobe.com, "Li Peng, Chinese leader derided for role in Tiananmen crackdown, dies at 90," 23 July 2019 If there is a single colorful quotation to his name, it has not been found. Chris Buckley, New York Times, "Li Peng, Chinese Leader Derided for Role in Tiananmen Crackdown, Dies at 90," 23 July 2019

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

26 Sep 2019

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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 How to pronounce quotation (audio) \

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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