Mortgage Information | Student Loans | Auto Loans
Mortgage and Loan Terms Glossary | Doc Loan Home
Free Loan Advice and Financial Information  
Browse by Letter

Loan and Mortgage Terms Glossary

Quotation (Quote):

The highest bid to buy and the lowest bid to sell a security in a given market at a given time. A quotation might be, for example, "32 1/4 to 32 1/2" meaning that $32.25 is the highest price any buyer wanted to pay at the time the quote was given and $32.50 was the lowest price any seller would take at the same time, in the same exchange.

Contact | Advertising Information | Other Resources

Copyright 2002-2006