Concept in Definition ABC
Miscellanea / / July 04, 2021
By Victoria Bembibre, in Jan. 2009
The price of a transferable security or a security is its acceptance as a trading value in a market stock exchange and the consequent official appraisal of its value based on predetermined criteria for the purchase and sale.
In the economy Generally, the quotation is the appraisal or valuation of a share or economic title for the purpose of decide its market value for the purposes of considering it for purchase or sale. The quote constitutes an official appraisal, since it occurs according to pre-established parameters and, therefore, takes place periodically to update the value of a security or share.
One of the most widespread quotes is that of the various national currencies around the world, with the purpose of establishing the relationship between each other, the increase or decrease of their value and the operability in the stock Exchange Worldwide. Often, the current currency in each country is quoted against the US dollar or the euro and, in its relation to the same, its value of
exchange in buying and selling and, thus, the course of a country's economy. These quotes are officially established by the central bank of each country and govern economic activities on a daily basis by the fluctuation of the world market.Other examples of quotes are, for example, the valuation of a company's stock market shares acquired by an individual, or the quotation of movable or immovable securities for transactions commercial. Quotation is such a widespread term that it is also used to talk about the development of different types of jobs and the valuation of them by the worker in question. For example, a translation of a document can be quoted by the Author according to their capabilities and experience.
Quote Topics