quoted price

USAGE SUMMARY

The expression "quoted price" is correct and usable in written English.
You can use it in any context when you are referring to a stated, specific price. For example: "I received a quote of $100 for the service; that was the quoted price."

✓ 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

Always compare the "quoted price" from multiple sources to ensure you are getting a competitive offer.

Common error

Don't assume the "quoted price" is the final price. Clarify if it's subject to change due to unforeseen circumstances, additional services, or fluctuating market conditions.

Linguistic Context

The phrase "quoted price" functions primarily as a noun phrase, typically serving as the subject or object of a sentence. It identifies a specific price that has been communicated to a potential buyer or client. Ludwig AI indicates that the phrase is correct and commonly used.

Expression frequency: Very common

Frequent in

News & Media

48%

Science

27%

Wiki

9%

Less common in

Encyclopedias

7%

Formal & Business

5%

Social Media

4%

Ludwig's WRAP-UP

The phrase "quoted price" is a common and grammatically sound term used to refer to a price that has been formally stated or estimated. As Ludwig AI confirms, it is widely accepted and employed across diverse contexts, including News & Media, Science, and Encyclopedias. When using "quoted price", clarify the inclusions and potential changes to avoid misunderstandings. Alternatives such as "price quotation" or "estimated cost" can be used depending on the specific nuance desired. This term is a valuable component of clear and effective communication in various professional and everyday scenarios.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

price quotation

Reverses the order of the words, maintaining the same meaning but with a slight shift in emphasis.

estimated cost

Focuses on the estimation aspect of the price rather than it being 'quoted'.

price estimate

Emphasizes the estimation nature of the price, similar to 'estimated cost'.

initial price

Highlights that it's the starting price, which might be subject to change.

stated price

Focuses on the fact that the price has been explicitly stated or declared.

offered price

Emphasizes the act of offering the price to a potential buyer or client.

preliminary price

Suggests the price is subject to further negotiation or refinement.

list price

Refers to the standard, published price of an item or service.

selling price

Focuses on the price at which something is actually sold, which may differ from the quoted price.

asking price

Highlights the price the seller is asking for, open for negotiation.

FAQs

How to use "quoted price" in a sentence?

You can use "quoted price" to refer to a price that has been formally stated or estimated, such as, "The "quoted price" for the repair was higher than I expected".

What can I say instead of "quoted price"?

You can use alternatives like "estimated cost", "price quotation", or "offered price" depending on the context.

Which is correct, "quoted price" or "quote price"?

"Quoted price" is the correct and more common term. "Quote price" is less frequently used and can sound awkward.

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

"Quoted price" refers to a specific price given for a particular transaction, while "market price" is the prevailing price in the open market.