Quotations: meaning, definitions and examples

When referring to repeated or directly cited statements, often used in academic or formal writing.

• The book includes numerous quotations from historical figures

Common in everyday language or informal settings, referring to repeating someone's exact words.

• As Albert Einstein once said, 'Imagination is more important than knowledge
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A well-known phrase or expression that conveys wisdom or truth, often part of cultural folklore or everyday wisdom.

• One popular saying is, 'A stitch in time saves nine
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In scholarly writing, this refers to a reference to a source, especially in notes or bibliography.

• Proper citation is necessary to avoid plagiarism in your research paper

A short extract from a text or document, often used to give a preview or highlight a part.

• The magazine published an excerpt from the upcoming novel

A longer part of text or a section of a written work, often used to refer to literature or detailed descriptions.

• She read a moving passage from the book aloud

Used in general to refer to the latest prices of goods or services on the market. Often seen in reports or listings.

• The engineer requested quotations from different suppliers.
• Stock quotations are updated every few seconds during market hours.

The price a buyer is willing to pay for an asset, often seen in stock trading or auctions.

• The bid price for the company's shares increased to $50 per share.
• At the auction, the highest bid price for the painting was $200,000.

The price at which a particular stock or asset is currently being traded in the market. Also known as the last traded price.

• The trading price of the shares hit an all-time high today.
• She checked the trading price before deciding to sell her stocks.

The current price at which an asset or service can be bought or sold on the open market. It reflects supply and demand.

• The market price of gold fluctuates daily.
• Due to high demand, the market price of the product increased significantly.

The overall worth of a stock, often determined by its price and the company's financial performance. Commonly used in financial analysis.

• The stock value of the tech company rose after they announced new innovative products.
• Investors were pleased with the steady increase in stock value throughout the year.

The price at which a seller wants to sell an asset, typically seen in real estate or during negotiations.

• The asking price for the house was too high, so they decided not to make an offer.
• The car's asking price was listed at $10,000.