Verb
/kotiˈθaɾ/ (Spain) or /kotiˈzaɾ/ (Latin America)
The verb "cotizar" generally means to determine or specify the price of something, typically in a commercial context. It can refer to the act of providing a quote for services or goods, especially in fields such as economics, commerce, and law. The frequency of use is moderate to high, with contexts skewed more toward written reports, emails, and commercial documents than toward oral speech. However, it is often used in conversational contexts when discussing pricing or financial estimates.
Voy a cotizar el costo de la reparación del coche.
I am going to quote the cost of the car repair.
Es importante cotizar varios proveedores antes de tomar una decisión.
It is important to price several suppliers before making a decision.
Ella está buscando cotizar el precio de una casa nueva.
She is looking to estimate the price of a new house.
While "cotizar" may not have a large number of idiomatic expressions specifically associated with it, it appears in contexts related to financial discussions. Here are a few examples involving related terms:
Cotizar en bolsa.
To be listed on the stock market.
La empresa planea cotizar en bolsa el próximo año.
The company plans to be listed on the stock market next year.
Cotizar para la jubilación.
To contribute toward retirement.
Es crucial cotizar para la jubilación desde joven.
It is crucial to contribute toward retirement from an early age.
Cotizar precios.
To compare prices.
Antes de comprar, es bueno cotizar precios para conseguir la mejor oferta.
Before buying, it is good to compare prices to get the best deal.
The word "cotizar" comes from the Latin verb citatio, which means "to quote or cite." In the context of commerce and finance, the term evolved to mean providing a quote or estimate.