indirect quotation

/IH0 N D ER0 EH1 K T K W OW0 T EY0 SH AH0 N/
noun
  1. 1

    An utterance in which one person states what someone else said, but framed as an object within a larger clause without quotation marks (when in written form) and sometimes, but not necessarily, repeating their exact words verbatim.

  2. 2

    (numismatics, business) A rate in foreign currency.

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