Quotation


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Related to Quotation: Quotation marks

quotation

1. Commerce a statement of the current market price of a security or commodity
2. an estimate of costs submitted by a contractor to a prospective client; tender

Quotation

 

the determination of rates of exchange of foreign currencies, securities (stocks and bonds), or values of commodities on an exchange.

In capitalist countries the quotation service is generally carried out by a special body of a commodity, stock, or currency exchange (usually by a quotation commission); the quotations are published in exchange bulletins on wholesale prices for commodities, values of securities (stocks and bonds), and rates of exchange of foreign currencies. Only the securities of the limited number of joint-stock companies that control a major share of production in various sectors of the national economy are permitted to be quoted on the exchanges. For example, in the United States in the mid-1960’s, the securities of fewer than 0.1 percent of the total number of American corporations were quoted.

Rates of exchange of foreign currencies are established by state currency bodies. Black market exchange rates generally function side by side with the official currency rates. Two basic methods of quotation of foreign currency exist: direct and indirect. The more common is direct quotation, in which the unit of foreign currency is expressed in terms of national currency (for example, in mid-1973 in France US $1 equaled 4.6041 French francs). In indirect quotation, used mainly in Great Britain, the unit of national currency is expressed in terms of foreign currency (£1 equaled $2.58).

In the USSR, foreign currency rates are quoted by the Gos-bank (State Bank) of the USSR and are published monthly in a bulletin. Direct quotation is used.

M. IU. BORTNIK


Quotation

 

a literal excerpt from a written work. A quotation is an authoritative statement that most precisely expresses an idea that a writer wishes to support. Quotations are also used to criticize an idea cited and as valuable factual material to illustrate a point. They are found mostly in scholarly works (usually in the humanities) and official and business texts. They are either enclosed in quotation marks or italicized and are accompanied by a reference to the source.

Provided that the quoted author’s ideas are not distorted, it is permissible to modernize the spelling and punctuation and to omit a word or words, marking the omission by a series of dots (ellipsis points).

quotation

A price quoted by a contractor, subcontractor, material supplier, or vendor to furnish materials, labor, or both.
References in periodicals archive ?
Many of these also merely include the quotation in a list.
We use the above quotation as a case study to address such broader questions.
For more comprehensive reference works of quotations by women, see the following titles: The New Beacon Book of Quotations by Women, compiled by Rosalie Maggio (Boston: Beacon Press, 1996), and The Quotable Woman: The First 5,000 Years, compiled by Elaine T.
Thus, there may be a novelty effect at work, and students might be intrigued or curious about the meaning of the quotation in the context of the day's lecture.
One possible means to enhance the use and enjoyment of therapeutic writing may be to have clients reflect on lists of inspirational sayings or quotations from renowned individuals (e.
The cited source was Ulysses, and so Bruce had the task of locating the quotation in one of the longest and least easily scanned novels of the twentieth century
There are minor editing glitches; for example, the same John Milton quotation is attributed both to Milton (#93) and to John Stuart Mill (#384).
The Quotations Page was originally developed as a catalog of quotation resources elsewhere on the Internet.
These varieties of quotation interact in interesting and largely overlooked ways.
If interests in a partnership are not traded through an interdealer quotation system or other established securities market (as described), the partnership may qualify for one of the following safe harbors.
I was vividly reminded of the near total absence of words by women in books of quotations back when those speech collections also did not include women.