From The Collaborative International Dictionary of English v.0.48:

Quote \Quote\ (kw[=o]t), v. t. [imp. & p. p. Quoted; p. pr. &
   vb. n. Quoting.] [OF. quoter, F. coter to letter, number,
   to quote, LL. quotare to divide into chapters and verses, fr.
   L. quotus. See Quota.] [Formerly written also cote.]
   1. To cite, as a passage from some author; to name, repeat,
      or adduce, as a passage from an author or speaker, by way
      of authority or illustration; as, to quote a passage from
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   2. To cite a passage from; to name as the authority for a
      statement or an opinion; as, to quote Shakespeare.
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   3. (Com.) To name the current price of.
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   4. To notice; to observe; to examine. [Obs.] --Shak.
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   5. To set down, as in writing. [Obs.] "He's quoted for a most
      perfidious slave." --Shak.
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   Syn: To cite; name; adduce; repeat.

   Usage: Quote, Cite. To cite was originally to call into
          court as a witness, etc., and hence denotes bringing
          forward any thing or person as evidence. Quote usually
          signifies to reproduce another's words; it is also
          used to indicate an appeal to some one as an
          authority, without adducing his exact words.
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