Quote

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Dictionary Says

Definition of 'Quote'

1. The last price at which a security or commodity traded, meaning the most recent price on which a buyer and seller agreed and at which some amount of the asset was transacted.
 
2. The bid or ask quotes are the most current prices and quantities at which the shares can be bought or sold. The bid quote shows the price and quantity at which a current buyer is willing to purchase the shares, while the ask shows what a current participant is willing to sell the shares for.

This is also known as an asset's "quoted price".
Investopedia Says

Investopedia explains 'Quote'

1. Quotes for stock and bond prices change throughout the trading day as new transactions occur one after another in a continual stream of trades. When you look up a stock quote for a given company, you are looking at the most recent price at which a trade was successfully executed for that particular security.

2. Potential investors or sellers in a company are more concerned about the bid and ask quotes as they reflect at what prices the stock can be bought or sold, while the price quote as defined in the first definition shows the price at which the stock traded most recently.

Related Definitions

  • Ask

    The price a seller is willing to accept for a security, also known as the offer price. Along with the price, the ask quote will generally also stipulate the amount of the security ...
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  • Bid

    1. An offer made by an investor, a trader or a dealer to buy a security. The bid will stipulate both the price at which the buyer is willing to purchase the security and the quantity to ...
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  • Bond Quote

    The price at which a bond is trading. A bond quote is typically expressed as a percentage of par value, with the percentage converted to a point scale. The price that someone is willing ...
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    • Stock Quote

      A list of prices (generally bid, ask and last) for a stock at a particular point during the trading day. Stocks used to be quoted in fractions, but now most exchanges use decimals.
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    • Security

      An instrument representing ownership (stocks), a debt agreement (bonds) or the rights to ownership (derivatives).
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    • Quotation

      A very common term which actually refers to two numbers - the highest bid price currently available for a security or commodity and the lowest ask price currently available for the same ...
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    • Centralized Market

      A financial market structure that consists of having all orders routed to one central exchange with no other competing market. The quoted prices of the various securities listed on the ...
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    • Stub Quote

      Order placed well off a stock's market price. Stub quotes are used by trading firms when the firm doesn't want to trade at certain prices and wants to pull away to ensure no trades ...
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    • Quoted Price

      The most recent price at which an investment (or any other type of asset) has traded. The quoted price of investments such as stocks, bonds, commodities and derivatives changes ...
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    • Current Price

      The "real time" price of a security trading on an exchange, as well as the most recent price of a security listed in an investment portfolio. In the case of a bond, a bond's current ...
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