quotation.
1. A statement or passage that is exactly reproduced, attributed, and cited.
2. The amount stated as a stock’s or commodity’s current price.
market quotation. The most current price at which a security or commodity trades. [Cases: Exchanges 13.]
3. A contractor’s estimate for a given job. — Sometimes shortened to quote. [Cases: Contracts 229(1). C.J.S. Contracts § 379.]
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