单词 | quote |
释义 | quote quote /; AmE / verb, noun
■ verb [+ obj]
1 (Commerce ) quote sb sth to tell a customer how much you will charge them for a job, service or product: We were quoted a price of $9 a metre for 50 000 metres of material.
2 (Stock Exchange ) to record the name of a company on a stock exchange so that its shares can be bought and sold: The company is quoted on the New York stock exchange.
3 (Finance ) to give the price of a share on a stock exchange or a currency: Traders quoted the securities at about 70 cents on the dollar. The euro was quoted at $1.00031.
■ noun [C]
(Commerce ) a statement of how much money a particular piece of work will cost: The first quote you get is rarely the most competitive.
WHICH WORD?
quote/estimate/quotation
Before asking someone to do a piece of work, for example to repair a vehicle, it is usual to ask them to tell you how much they expect it to cost. They do this by giving you a written estimate or a quotation/quote.
A person giving a quotation/quote often agrees to limit their fee to the amount stated in it.
A person giving an estimate usually keeps the right to change their price if circumstances change, for example if the price of parts rises or the work takes longer than expected.
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