quotation

US /kwoʊˈteɪ.ʃən/
UK /kwoʊˈteɪ.ʃən/
"quotation" picture
1.

a group of words taken from a text or speech and repeated by someone other than the original author or speaker

:
He included a famous quotation from Shakespeare in his essay.
The book begins with a powerful quotation.
2.

a formal statement of the price quoted for a particular job or service

:
We received a competitive quotation for the construction work.
Please provide a detailed quotation for the renovation.