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Quote
It is a term that requires the lowest ask or the highest bid price that is available for securities at any time when they can be sold or bought. Such quote shows quantity and price for what the trader is willing to purchase or sell the shares for.

In addition, it determines the last and the most recent value at which the securities are traded by the agreement of buyer and seller when some sum of the funds was transacted.
Furthermore, the term quote is known as a “quoted price” of an asset.
Related: Re Quote, Two Way Quote, best Forex EA
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