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Definition of Semiquote
1. Noun. A single quotation mark, ('). This is often used for a quote within a quote, as in ''"Tom said 'What?'"'' ¹
2. Noun. A punctuation mark to indicate that the text is a semi-quote, i.e. a close paraphrase that uses some of the author's original words. ¹
3. Noun. A phrase that is a close paraphrase that uses some of the authors original words. For instance: ''«A fanatic is someone who will not change his mind or the subject of discussion,» according to Winston Churchill.'' (Academic usage.) ¹
4. Verb. To make a close paraphrase of a quotation, using some of its words. ¹
¹ Source: wiktionary.com