Quoted price

USAGE SUMMARY

The phrase "Quoted price" is correct and usable in written English.
It is typically used in contexts related to business, sales, or negotiations to refer to a price that has been formally stated or offered. Example: "The quoted price for the service is $500, which includes all materials and labor."

✓ Grammatically correct

News & Media

Science

Encyclopedias

Wiki

Human-verified examples from authoritative sources

Exact Expressions

56 human-written examples

The quoted price, in rupees: "Fifteen thousand only".

The New Yorker

"Everyone's holiday is different and the buyer wants one quoted price".

The Economist

Basically, you deduct the cost of having to fix the defects from the quoted price.

The Guardian - Money

Make sure that the quoted price includes loading and unloading; sometimes those services are calculated separately.

The New York Times

The quoted price was absurd, but Robert managed to haggle it down to merely outrageous and jumped in.

The New Yorker

Most British agents selling property in France include their fee in the quoted price, but do check.

The Guardian

A better approach is to attempt to measure the extent to which an observed change in the quoted price represents a change in quality.

Encyclopedia Britannica

Human-verified similar examples from authoritative sources

Similar Expressions

4 human-written examples

Residents said that plumbers had quoted prices up to $10,000.

The New York Times

Mr. Tobón answered and cheerily quoted prices on vacation packages.

The New York Times

Tax of 11.5% should be added to all quoted prices.

The Guardian - Travel

The model is likely to be approved for production; Bentley executives quoted prices and sales projections.

The New York Times

Expert writing Tips

Best practice

When discussing services, clarify whether the "quoted price" includes all potential fees or if there are additional charges to consider.

Common error

Don't assume the "quoted price" is the final price without confirming if it includes taxes, shipping, or other potential add-ons. Always clarify the total cost upfront to avoid surprises.

Linguistic Context

The phrase "quoted price" functions as a noun phrase, typically acting as the subject or object in a sentence. According to Ludwig, this phrase is correct and usable in written English. For example, "The "quoted price" was absurd" or "Make sure that the "quoted price" includes loading and unloading."

Expression frequency: Very common

Frequent in

News & Media

70%

Science

15%

Wiki

5%

Less common in

Encyclopedias

4%

Formal & Business

3%

Reference

3%

Ludwig's WRAP-UP

The phrase "quoted price" is a common and grammatically correct way to refer to a formally stated price, as confirmed by Ludwig. It is most frequently used in news and media, but also appears in scientific and encyclopedic contexts. When using "quoted price", it's important to clarify what the price includes to avoid misunderstandings. Alternatives include "price quotation" or "stated price". Remember that the "quoted price" may not always be the final price, so due diligence is essential.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Price quotation

Focuses on the act of providing the price, rather than the price itself.

Offered price

Emphasizes the price being presented as an offer.

Stated price

Highlights the act of explicitly stating the price.

Estimated cost

Implies an approximation of the price, often subject to change.

Asking price

The price the seller is requesting, often with the expectation of negotiation.

Listed price

Refers to a price that is publicly displayed, typically in a catalog or online.

Initial price

Emphasizes that the price is the first one given, potentially subject to negotiation.

Advertised price

Specifically relates to a price promoted in advertising.

Selling price

The price at which something is actually sold.

Negotiated price

Highlights that the price has been agreed upon after discussion.

FAQs

What does "quoted price" mean?

The "quoted price" refers to the price that a seller or service provider formally states or offers for a product or service before any negotiation or additional charges.

What's the difference between "estimated price" and "quoted price"?

An estimated price is an approximation, while a "quoted price" is a specific, stated price, though it may not always be final.

How to use "quoted price" in a sentence?

You can use "quoted price" in sentences like: "The "quoted price" for the repair was higher than I expected", or "Make sure the "quoted price" includes all applicable taxes".

What is another way to say "quoted price"?

Alternatives to "quoted price" include "price quotation", "stated price", or "offered price".