QUOTED PRICE
\kwˈə͡ʊtɪd pɹˈa͡ɪs], \kwˈəʊtɪd pɹˈaɪs], \k_w_ˈəʊ_t_ɪ_d p_ɹ_ˈaɪ_s]\
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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.
By Henry Campbell Black
