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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 Homer. [1913 Webster] 2. To cite a passage from; to name as the authority for a statement or an opinion; as, to quote Shakespeare. [1913 Webster] 3. (Com.) To name the current price of. [1913 Webster] 4. To notice; to observe; to examine. [Obs.] --Shak. [1913 Webster] 5. To set down, as in writing. [Obs.] "He's quoted for a most perfidious slave." --Shak. [1913 Webster] 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. [1913 Webster]