different between quotation vs underquote

For Wiktionary's use of quotations, see Wiktionary:Quotations

English

Etymology

The obsolete sense of “quota”, from Medieval Latin quotatio, from Latin quot?re, is attested from the 15th century. The sense “fragment of verbal expression”, attested from the 17th century, may come from this source, or else from the verb quote +? -ation.

Pronunciation

• (General American) IPA^(key): /kwo??te???n/
• Rhymes: -e???n

Noun

quotation (countable and uncountable, plural quotations)

1. A fragment of a human expression that is repeated by somebody else. Most often a quotation is taken from literature or speech, but also scenes from a movie, elements of a painting, a passage of music, etc., may be quoted.

   Synonyms: quote, citation

2. A price that has been quoted for buying or selling.

3. The act of setting a price.
4. (obsolete) A quota, a share.

Synonyms

• (price): quote

Coordinate terms

• attestation

Hyponyms

• (price): bid, ask, offer

Derived terms

Translations

References

• quotation at OneLook Dictionary Search

English

Etymology

under- +? quote

Pronunciation

• Rhymes: -??t

Verb

underquote (third-person singular simple present underquotes, present participle underquoting, simple past and past participle underquoted)

1. (transitive, intransitive) To give a quotation that is too low, or is lower than that offered by others
   • 1936, Printing (volume 60, page 28)

     Many a salesman is told that the opposition has underquoted him. To the live-wire salesman this is no signal of defeat. If he conducts a showdown then and there, as likely as not he will find that he has not really been underquoted if value is considered.

   • 1993, American Lutherie

     If you underquote and call them back with a higher price, chances are they'll say to go ahead, but next time they have a repair, they may go to somebody else.