A price quote, also known as a quotation or estimate, is a formal offer or proposal provided by a seller or supplier to a prospective buyer indicating the price, terms, and conditions for the sale of goods, products, or services. Price quotes are typically issued in response to inquiries or requests from customers interested in purchasing specific items or contracting for services, outlining the price per unit, total cost, payment terms, delivery schedule, and any applicable discounts, taxes, or additional charges. Price quotes serve as binding agreements between buyers and sellers, specifying the terms of the proposed transaction and establishing the basis for negotiation, acceptance, and fulfillment of the order. Price quotes help buyers compare offers from different suppliers, evaluate pricing options, and make informed purchasing