QUOTE Definition

QUOTE is to name the price of an asset or service, e.g. stock price or investment.

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ISSUE, in securities, is stock or bonds sold by a corporation or a government; or, the selling of new securities by a corporation or government through an underwriter or private placement.

ORIGINAL FACE is the the face value (original principal amount) of a security, generally a mortgage- or asset-backed security, as of its issue date.

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