Description

Quoted Price refers to the price that is provided by a seller or service provider for a specific product or service. This term is commonly used in financial and commercial contexts to indicate the expected cost before a transaction is finalized.

Interpreter Notes

Interpreters should be aware that 'precio cotizado' may be used in various commercial discussions, not just medical contexts. It is important to maintain a formal register and avoid colloquial terms. Colloquial alternatives might include 'precio estimado', which should be avoided in formal medical settings.

Example Sentences

EN: The quoted price for the procedure was higher than we expected.

ES: El precio cotizado para el procedimiento fue más alto de lo que esperábamos.

Common Interpreter Mistakes

Confusing 'quoted price' with 'precio de lista'; misinterpreting 'precio cotizado' as a final price; using informal language instead of formal terminology.