Direct Quote Definition
A direct quote is a currency exchange rate between a domestic and foreign currency in terms of the foreign currency. Direct quote is the convention of expressing currency exchange in terms of units of domestic currency per unit of foreign currency.
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It is direct in the sense that a resident knows the price of the foreign currency straight away.
Direct quote definition. Direct quotation synonyms direct quotation pronunciation direct quotation translation english dictionary definition of direct quotation. Direct quotations are commonly introduced by a signal phrase also called a quotative frame such as dr. King said or abigail adams wrote and are used in written and audio or visual media especially if an anchor or reporter is giving someone s exact words without having a recording of the person actually saying it.
In other words it compares how many domestic units are required to purchase one foreign unit. A european currency quotation is otherwise known as an indirect quotation in the foreign exchange markets whereby the value of a foreign currency is stated as a per. Direct quotation a report of the exact words used in a discourse direct discourse report account the act of informing by verbal report.
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