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

In the heart of the US Capitol there’s a small men’s room with an uplifting Franklin Delano Roosevelt quotation above the door. Andrew Cockburn, Harper's magazine, "No Joe!," 10 June 2019 By September, however, a Deng quotation was added to the wall above Mr. Xi’s and the screens displayed Deng images. Chun Han Wong, WSJ, "Xi Jinping’s Strongman Rule Comes Under Fire as China Celebrates Deng’s Reforms," 18 Dec. 2018 Renovations this summer at the Shekou Museum of China’s Reform and Opening-Up replaced a Deng sculpture with a wall adorned by a Xi quotation and screens showcasing local development. Chun Han Wong, WSJ, "Xi Jinping’s Strongman Rule Comes Under Fire as China Celebrates Deng’s Reforms," 18 Dec. 2018 In reality, the quotation was uttered in a notorious 2016 secret recording of Senator Romero Jucá, a onetime ally of Mr. da Silva’s who by then had become a political opponent and later backed the impeachment of Ms. Rousseff. Manuela Andreoni, New York Times, "Latest Uproar in Brazil’s Raw Political Debate: A Netflix Series," 2 Apr. 2018 The look consists of a black one-shoulder dress with Nike’s logo, accompanied by Abloh’s signature quotation graphic—this one reads Logo—with a full tulle skirt. Steff Yotka, Vogue, "Serena Williams Will Return to the U.S. Open in Virgil Abloh x Nike," 13 Aug. 2018 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

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

20 Jun 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

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