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What is "Formal Quote"?

Hi, what is "Formal Quote"? and for what reason it is used? how the form look like?

Thanks.
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Abdu_Allah
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Abdu_Allah
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cre8tiveCommented:
A price quote made by a dealer or maker of a product or service.
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cre8tiveCommented:
Abdu_ Allah,

It also depends on the context.
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cre8tiveCommented:
Here is an example of one from a business:


http://www.dekart.com/store/formal_quote/
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