cotización

quotation

noun koh-tee-sah-SYOHN Less Common

Origin: From cotizar, from French cotiser (to contribute a share), from cote, from Medieval Latin quota.

Also means

stock price

Usage Note

Cotización has two closely related financial senses: a price quotation or estimate (pedir una cotización, to request a quote) and a stock market price or valuation (la cotización de las acciones, the share price). In employment contexts it also refers to social security contributions (cotización a la Seguridad Social). Feminine noun; plural cotizaciones.

Examples

"Pedimos una cotización antes de contratar la obra."

Natural Translation

We requested a quotation before hiring the work.

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