direct quote

Definition

A foreign exchange rate of one currency, usually the domestic currency, per unit of a different currency. In terms of U.S. dollars, a direct quote is the number of a foreign currency that one dollar could buy. For example, a direct quote for the Euro could be US$1.50 = 1 Euro.

Use direct quote in a sentence

I red a direct quote from the man saying that he did not support that cause and he could not back away from the facts.

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If you are trying to figure out where the best place to change your money is you should get more than one direct quote.

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The direct quote was the preferred format of understanding the foreign currency exchange situation presented to us in the project.

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direct purchase program indirect quote