The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

QUOTED PRICE Definition & Legal Meaning

Definition & Citations:

A written or verbal agreement that will cover the cost of repairs or for the purchase of a set number of items or a set service that is required. If a quoted price is going to be exceeded the reason must be given before the work is continued.


This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.