requote Definition
to provide a new quote for a financial transaction, typically with revised terms or prices.
Using requote: Examples
Take a moment to familiarize yourself with how "requote" can be used in various situations through the following examples!
Example
The broker will requote the stock price if there is a sudden market shift.
Example
The supplier had to requote the price of the goods due to increased production costs.
Example
The customer requested the vendor to requote the project after changing the scope.
requote Synonyms and Antonyms
Synonyms for requote
- reprice
- revise the quote
Summary: requote in Brief
'Requote' [riːˈkwəʊt] is a verb that means to provide a new quote for a financial transaction, usually with revised terms or prices. It is commonly used in the context of stock trading, procurement, and project management. For example, 'The broker will requote the stock price if there is a sudden market shift.'
