What is a Quotation? Definition

What is a Quotation? Definition

What is a Quotation? Definition

In business, a quotation is a document that a vendor or service provider would give to a customer to describe the estimated costs for a requested service. This is usually given in response to a request for proposal (RFP). A quotation may also include terms and conditions, such as payment terms, delivery times, and warranties. In some cases, a quotation may even include discounts if the customer decides to purchase immediately. In this blog post, we will explore the definition of a quotation and what it entails. We will also discuss the different types of quotations and when they are used in business. By the end of this blog post, you should have a good understanding of what a quotation is and how it is used in business.

What is a quotation?

A quotation is a statement that someone has made. It can be a famous person, or someone you know. A quotation can be something that someone said in passing, or it can be something that they said in a speech or article. When you quote someone, you are repeating what they said exactly as they said it.

The different types of quotations

A quotation is a group of words taken from a text or speech and repeated by someone other than the original author or speaker. Quotations are often memorable, and they can be used to capture the essence of an idea or provide support for an argument.

There are four main types of quotations: direct, indirect, block, and attributed.

Direct quotations are taken word-for-word from a text or speech and must be placed inside quotation marks. Indirect quotations are paraphrases of what someone has said or written. Block quotations are lengthy direct quotations that are set off from the rest of the text. Attributed quotations are those that include a reference to the original source.

How to use quotations

When you want to use a quotation in your writing, there are a few things to keep in mind. First, make sure that the quotation is relevant to your topic. Second, be sure to introduce the quotation in your own words so that your readers understand its significance. Finally, provide proper attribution for the quotation by including the author’s name and the source of the quote.

Examples of famous quotations

A quotation is a group of words taken from a text or speech and repeated by someone other than the original author or speaker. Quotations are often introduced by a signal phrase, such as “He said,” “She wrote,” or “They reported.”

Famous quotations are often memorable and can be used to illustrate a point. For example, Winston Churchill’s famous quotation, “Never give in–never, never, never, never, in nothing great or small, large or petty, never give in except to convictions of honor and good sense” is often used to encourage people to stand up for their beliefs. Another famous quotation is Mahatma Gandhi’s “Be the change you want to see in the world,” which is often used as an inspirational call to action.

Conclusion

A quotation is a group of words that are quoted from a text or speech. A quotation can be either direct or indirect. Direct quotations must be identical to the original, including any changes in spelling or punctuation. An indirect quotation paraphrases what someone said but does not include the exact words. When writing, you must credit the source of any quotations you use. If you do not, it is considered plagiarism.

Dedicated to bringing readers the latest trends, insights, and best practices in procurement and supply chain management. As a collective of industry professionals and enthusiasts, we aim to empower organizations with actionable strategies, innovative tools, and thought leadership that drive value and efficiency. Stay tuned for up-to-date content designed to simplify procurement and keep you ahead of the curve.