In writing, an ” indirect quotation ” is a paraphrase of someone else’s words: It “reports” on what a person said without using the exact words of the speaker. An indirect quotation (unlike a direct quotation ) is not placed in quotation marks. For example : Dr. King said that he had a dream.
A direct quote is a foreign exchange rate involving a quote in fixed units of foreign currency against variable amounts of the domestic currency .
Direct and Indirect Quotes A direct quote is how much domestic currency it takes to purchase one unit of foreign currency. The USD/CAD rate, say 1.35, is the direct quote rate in Canada because it shows how many Canadian dollars it takes to buy one U.S. dollar. To someone in the U.S., this would be an indirect quote .
A direct quotation is a report of the exact words of an author or speaker and is placed inside quotation marks in a written work. For example , Dr. King said, “I have a dream.”
What is an indirect citation or secondary source? Include both the original author and the author of the work where quote /idea was found in the in-text reference. Add “as cited in” before the author in the in-text reference.
In direct quote since exchange rate is expressed in terms of domestic currency per unit of foreign currency, direct quote between US dollar and British pound would be $1.5625 per £ ( calculated by dividing $20,000 by £12,800).
1 : exchange (as of checks, drafts) between three or more places. 2 : exchange in which rates give the value of the unit of home currency in terms of foreign currencies — compare fixed exchange .
Direct quotation is where the cost of one unit of foreign currency is given in units of local currency, whereas indirect quotation is where the cost of one unit of local currency is given in units of foreign currency.
When to Use a Direct Quote You should use direct quotes when: The meaning of the original statement will be lost if you reword it. The original statement uses especially strong or vivid language. You are quoting an original term or phrase.
There are specific rules for using direct quotes in your writing: Rule 1: If it is a SHORT DIRECT QUOTE (less than 40 words), use double inverted commas and include the quote in the text. All direct quotes must have page or paragraph number.