quoted rate
[ˈkwoʊtɪd reɪt]
nounpl: quoted rates
taxa cotada
1. The price or interest rate that a financial institution or service provider has officially stated or advertised for a specific product or service
The bank's quoted rate for a 30-year mortgage is 3.5% per annum.
A taxa cotada do banco para uma hipoteca de 30 anos é de 3,5% ao ano.
2. In foreign exchange, the official exchange rate published by a financial institution at a specific point in time
The quoted rate for USD/BRL was 5.20 this morning.
A taxa cotada para USD/BRL era 5,20 esta manhã.
3. The price per unit that a supplier or vendor has quoted for goods or services
We received a quoted rate of $50 per hour for the consulting services.
Recebemos uma taxa cotada de $50 por hora para os serviços de consultoria.
In Brazilian financial markets, 'taxa cotada' is commonly used in banking, insurance, and import/export contexts. It represents the official or advertised rate before any negotiations or adjustments. Financial institutions are required to display quoted rates transparently, especially for consumer protection purposes.
Look up more words on Fala2Me
The free English-Portuguese dictionary with real Brazilian accents, NYC slang, conjugator and more
Open Fala2Me →