DictionaryquoteStated price
noun / verb

quote

A stated price or estimated cost.

The mechanic gives me a quote for the repairs.

Etymology

Quote acquired the sense of naming a price in business. The noun is the resulting offer or estimate stated to a prospective buyer.

More examples

  • We compare three quotes before choosing a roofing company.
  • The hotel quoted us $180 per night.
  • Does your quote include delivery?

Forms

quote · quotes · quoted · quoting

quotation noun — A formal statement of a proposed price.

Similar words

estimate
Emphasizes an approximate cost rather than a stated price.
bid
An offered price, often competing for a contract.
price
The amount charged, not necessarily communicated as an offer.