The term “quotation” can refer to a number of things. While to some it may refer to a quote which is proverbial, to some it is the price quotes by sellers. During a transaction between a seller and a buyer, there is some exchange of cash as we all know. Now, a quoted price or a price quotation is basically the final price at which a particular item or commodity is to be traded or sold. It has been agreed upon by both the parties involved- that is the buyer and the seller
“Be careful–with quotations, you can damn anything.” – André Malraux. A quotation is a sentence or group of sentences quoted by a famous person. Generally, people repeat the quotes, which may publish or unpublish to refer to the situation.
Quotations are often confused with the philosophical and witty quotes that you see on various social networks and websites online. No wonder then that people think that all quotation templates comprise of Happy New Year Quotes and nothing else. Well, this is a common misconception. The fact is that quotation templates are used by business organizations to present a quote for a project. Based on these quotations, the concerned authority offers the project to the most eligible organization.
The current economic status of the world demands that you justifiably spend your hard-earned bucks. Everybody loves to have a prior understanding of the amount of money that they should pay for a particular job to be done completely. Consequently, companies and vendors must create quotes that describe the kinds of services they offer at pre-determined costs. For example, you will ask for quotations from plumbing companies if you need their services when either constructing or repairing your house.
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