What context can I use each word in?
Learn when and how to use these words with these examples!
requote
Example
Can you requote what you said earlier? [requote: verb]
Example
The customer requested a requote on the product after the initial quote had expired. [requote: noun]
Example
I need to requote the price of the item since it was misquoted earlier. [requote: verb]
reprice
Example
The company decided to reprice their products to stay competitive in the market. [reprice: verb]
Example
The store had to reprice their inventory due to changes in demand and supply. [reprice: verb]
Example
The manager suggested repricing the item to increase profitability. [reprice: gerund or present participle]
Good things to know
Which word is more common?
Reprice is more commonly used than requote in everyday language, as it is a more versatile term that covers a wider range of contexts.
What’s the difference in the tone of formality between requote and reprice?
Both requote and reprice are formal terms that are commonly used in business and financial contexts. However, reprice may be considered more formal due to its broader usage and association with financial strategy and profitability.
