verb: to repeat or copy out a group of words from a text or speech written or spoken by another person
The author decided to quote a famous line from Shakespeare in her novel.
noun: a group of words taken from a text or speech and repeated by someone other than the original author or speaker
His speech began with a powerful quote from Martin Luther King Jr.
verb: to give someone an estimate of the price of a job or service
The mechanic quoted me $300 for the repairs.