What Is a Quotation? | Quick Explanation with Examples in 49 Seconds 📖

In this 49-second quick guide, learn what a quotation really means, its formal definition, and a simple real-world example.<br /><br />Meaning: A quotation is a statement from a seller telling a buyer how much a product or service will cost before the purchase.<br /><br />Example: If a supplier tells you the price of 100 T-shirts before you place an order, that is a quotation.<br /><br />This video is perfect for students, entrepreneurs, and business professionals who want to understand basic business terms quickly and clearly.<br /><br />✅ Understand business concepts in under a minute!<br /><br />#Quotation #BusinessBasics #FinanceTips #gosetle #BusinessEnglish #QuickBusinessGuide