Quotation

Bid and Asked
In financial markets, the bid and asked prices represent the highest price a buyer is willing to pay for an asset and the lowest price a seller is willing to accept, respectively. The difference between these two prices is known as the spread.
Fair Use
In copyright law, fair use permits the quotation or reproduction of a small portion of copyrighted material (with proper acknowledgment) without the permission of the copyright holder. The permissible amount varies based on several factors, with the central idea being that the use should not significantly impact the market for the original work.
Quotation
A quotation is a commercial statement detailing the price of an item, provided either as an answer to an inquiry or in the context of stock market activities.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.