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ILC Glossary of Financial Terms: Q
From Quotation or Quote
- Quotation or Quote:
The highest bid to buy and the lowest offer to sell a security at a given time. For example, a quote of 45_ - 45_ means that 45_ is the highest price a buyer will pay and 45_ is the lowest price a seller will accept.
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The Investor Learning Centre of Canada (ILC) is a not-for-profit organization dedicated to providing independent investment information to Canadians. It was established in 1996 by the Canadian Securities Institute, the national educator for the securities industry. The ILC offers books, seminars, resource centres and Internet services across Canada.
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