quotation

Universal Words noun 1 (also informal quote) [C] a group of words or a short piece of writing taken from a book, play, speech, etc. and repeated because it is interesting or useful: The book began with a quotation from Goethe. * a dictionary of quotations * Two short quotations will illustrate my point. seealsoMISQUOTATION 2 [U] the act of repeating sth interesting or useful that another person has written or said: The writer illustrates his point by quotation from a number of sources. 3 (also informal quote) a statement of how much money a particular piece of work will cost: You need to get a written quotation before they start work. * We'll give you a free quotation for replacing your windows. 4 [C] (finance) a statement of the current value of goods or STOCKS: the latest quotations from the Stock Exchange