Definition of quotation
1 : something that is quoted; especially : a passage referred to, repeated, or adduced
2a : the act or process of quotingb (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
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.
Recent Examples of quotation from the Web
This may seem like a perfect fit for the author, but Austen devotees may raise their eyebrows at the quotation, considering it is said by Caroline Bingley, who has no actual interest in reading whatsoever, in an effort to court Mr. Darcy.
Twain himself might have appreciated this quotation's self-reflexivity: There's no record of him ever having said or written it.
King’s quotation has become a rallying cry among defenders of the Affordable Care Act, the landmark 2010 legislation that has come the closest America has ever been to establishing a universal guarantee of health care.
It is colored with folkloric Mexican music, jazz, sophisticated modernism, sensuous atmosphere and subtle musical quotations.
The video also features scrolling text of quotations from black visionaries such as Desmond Tutu and Mae Jemison.
The City Council was told that city staff sent out an RFQ (request for quotation) for design services to landscape architectural firms in Texas.
There were no quotation marks around the passages, but the sources were cited in footnotes.
A teacher in Wall, N.J., has been suspended amid allegations that references to President Donald Trump were removed from student photographs and quotations in the high school yearbook.
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.
First Known Use of quotation
Financial Definition of QUOTATION
What It Is
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.
QUOTATION Defined for English Language Learners
Definition of quotation for English Language Learners
: 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 Defined for Kids
Definition of quotation for Students
: material (as a sentence or passage from a book) that is repeated exactly by someone else
Seen and Heard
What made you want to look up quotation? Please tell us where you read or heard it (including the quote, if possible).