A quote is the last price at which an asset traded; it is the most recent price that a buyer and seller agreed upon and at which some amount of the asset was transacted.

The bid quote is the most current price and quantity at which a share can be bought. The bid quote shows the price and quantity of which a current buyer is willing to purchase the shares. The ask quote shows what a current participant is willing to sell the shares for.

A quote is also referred to as an asset's "quoted price."