Other forms: quotations
A quotation is the stated price for doing a particular job. What the builder writes down before starting.
The word is shortened to a quote in speech almost always, and getting three quotes is the standard advice before any work on a house. It differs from an estimate, since a quotation is meant to be a fixed price and an estimate is a guess. There is a second and entirely separate sense, since a quotation is also somebody else's words repeated exactly, which is what quotation marks are for.
1nounquotationA stated price for a job before it is done.
“The quotation came to nearly two thousand pounds.”
2nounpassageA passage of someone else's words repeated exactly.
“He opened with a quotation from Orwell.”
Also accepted in games: quote
Latin
quotō
Medieval Latin
quotātiō
English, today
quotation
The obsolete sense of quota, from Medieval Latin quotātiō, from Latin quotō, is attested from the 15th century. The sense “fragment of verbal expression”, attested from the 17th century, may come from this source, or else from the verb quote + -ation.
Etymology from Wiktionary, CC BY-SA