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English definition of “quarter”

quarter

noun [C]     /ˈkwɔːtər/ ( abbreviation Q, abbreviation qtr)
FINANCE, ACCOUNTING a period of three months in a company's financial year: Sales have climbed significantly each quarter. Unquoted companies accounted for 23% of assets at the end of the last quarter.first/second/third quarter The fall was 8% in the first quarter and only 2% in the second.
(Definition of quarter noun from the Cambridge Business English Dictionary © Cambridge University Press)
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