Define: Price Quotation

How is Price Quotation defined in a legal contract?

• Price Quotation means a written expression of interest that isn’t strictly bound by the usual rules and guidelines of the [agreement], and which can be proposed and discussed in any way.
  Seen in 15 SEC filings
• Price Quotation means a firm buying and/or selling price on a financial instrument given by an institution to a client upon their request.
  Seen in 6 SEC filings
• Price Quotation means a price for specific parts and/or services that wouldn’t change except for approved variations.
  Seen in 3 SEC filings
• Price Quotation means a written offer on any [documentation] which is not necessarily subject to the general conditions and procedures.
  Seen in 1 SEC filing
• Price Quotation means a buying or selling offer on a [bond] given by [CGM] to you upon your request.
  Seen in 1 SEC filing

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for ‘Definitions of price quotation’ yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

• Price Quotation means a firm written offer concerning a financial instrument given to a client upon request.

Relevant Contract Types

• Financial Services Agreement
• Brokerage Agreement

Relevant Circumstances

• When a client is seeking to invest in particular financial assets and requires a clear-cut offer from a financial institution.
• When there’s a need to establish the cost of a financial transaction in a negotiations between client and brokerage.

Relevant Sectors

• Finance Sector

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Genie Definition 2

• Price Quotation means a fixed priced offer for specific goods or services, not subject to standard conditions and procedures of the [agreement].

Relevant Contract Types

• Supply Agreement
• Service Agreement

Relevant Circumstances

• When a business needs to procure certain goods or services and requires a definitive offer from suppliers.
• During business negotiations for provision of particular services.

Relevant Sectors

• Manufacturing Sector
• Services Sector

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