Request for Quote
Type: noun, acronym
Pronunciation: /re-quest-for-kwote/
Also spelled or known as: RFQ
Plural: Request for Quotes
Related: Quote Request, RFQ
What does Request for Quote mean? A formal request asking suppliers, manufacturers, licensors, or service providers to provide pricing for specific goods or services.
RFQ’s aka Request for Quote’s are commonly used when manufacturing merchandise, pressing vinyl records, obtaining synchronization licenses, or purchasing production services.
Request for Quote synonyms: Quote Request, RFQ, Pricing Request, Quotation Request
Example sentence: “The operations manager sent an Request for Quote to three vinyl pressing plants.”
PRE-ORDER RECORDING BUSINESS DICTIONARY