Sales process & qualification · Core
Quote
Also called: quotation
ELI5
A statement of price and specified commercial details, usually narrower than a full proposal.
Used in conversation
“Which version of quote should the board treat as current?”
Pitch context
You will see “Quote” in go-to-market plans, sales forecasts, account reviews and commercial proposals when the discussion reaches sales process & qualification.
Why it matters: It helps a reader interpret sales process & qualification without confusing the measure, decision, role or evidence being discussed.
Connected terms
- QuotationThe search label “Quotation” can route to both entries.
Sources & evidence · 2
Supporting source families. This entry is an editorial synthesis rather than a quotation from one canonical glossary.
- U.S. Small Business Administration — Write your business planSupporting source family · primary · checked 2026-08-16
- IFRS Foundation — IFRS GlossarySupporting source family · primary · checked 2026-08-16