Definition, Meaning & Synonyms
quote-a-price
verb
/kwoʊt ə praɪs/
Definition
To provide a specific price for a product or service.
Examples
- The sales representative will quote a price for the project during the meeting.
- Before proceeding, they need to quote a price for the materials needed.
- It’s common practice to quote a price in advance to avoid confusion later.
Meaning
Quoting a price involves stating how much something costs before it is sold or agreed upon. This can help both sellers and buyers understand the financial terms of a transaction.
Synonyms
- estimate
- price
- proposal
- bid
