# noun. - a group of words taken from a text or speech and repeated by someone other than the original author or speaker. * a quotation from Mark Twain - a formal statement setting out the estimated cost for a particular job or service. * you will be sent a written quotation for the cost of repairing your machine - a registration granted to a company enabling their shares to be officially listed and traded. * the company is being refused a quotation on the New York Stock Exchange