quarter day

quarter day
quarter day ˈquarter day noun [countable] FINANCE ACCOUNTING
a day that officially begins a three-month period of the year, and on which payments are made:

• Rent is payable in advance on the usual quarter days.

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quarter day UK US noun [C] UK
FINANCE, ACCOUNTING the first day of a quarter (= a period of three months) on which payments are made: »

Landlords often insist that for management purposes the term of the lease should begin on a quarter day.

Financial and business terms. 2012.

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Look at other dictionaries:

  • Quarter day — Quarter Quar ter (kw[aum]r t[ e]r), n. [F. quartier, L. quartarius a fourth part, fr. quartus the fourth. See {Quart}.] 1. One of four equal parts into which anything is divided, or is regarded as divided; a fourth part or portion; as, a quarter… …   The Collaborative International Dictionary of English

  • quarter day — any of four days in the year when certain payments become due. In England, they are Lady Day (25 March), Midsummer Day (24 June), Michaelmas Day (29 September) and Christmas Day (25 December). For Scotland the days are Candlemas (28 February),… …   Law dictionary

  • quarter day — n. any of the four days regarded as beginning a new quarter of the year, when quarterly payments on rents, etc. are due …   English World dictionary

  • quarter day — n technical BrE a day which officially begins a three month period of the year, and on which payments are made, for example at the ↑stock exchange …   Dictionary of contemporary English

  • quarter day — quarter ,day noun count in the U.K., one of four days in the year when some official payments are made …   Usage of the words and phrases in modern English

  • quarter day — ► NOUN Brit. ▪ each of four days in the year on which some tenancies begin and end and quarterly payments fall due …   English terms dictionary

  • quarter day — noun a Christian holy day; one of four specified days when certain payments are due • Regions: ↑United Kingdom, ↑UK, ↑U.K., ↑Britain, ↑United Kingdom of Great Britain and Northern Ireland, ↑Great Britain • Hypernyms: ↑ …   Useful english dictionary

  • quarter day — UK / US noun [countable] Word forms quarter day : singular quarter day plural quarter days in the UK, one of four days in the year when some official payments are made …   English dictionary

  • quarter-day — noun Each of the four days customarily regarded as starting a new quarter year, on which rents etc are often due. , 1908, It is late in March, so quarter day is at hand. Arthur Conan Doyle, ‘The Adventure of Wisteria Lodge’ (Norton 2005, p. 1239) …   Wiktionary

  • quarter day — / kwɔ:tə deɪ/ noun a day at the end of a quarter, when rents, fees etc. should be paid COMMENT: In England, the quarter days are 25th March (Lady Day), 24th June (Midsummer Day), 29th September (Michaelmas Day) and 25th December (Christmas Day) …   Dictionary of banking and finance

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