quarter day - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “quarter day”

quarter day

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.
(Definition of quarter day from the Cambridge Business English Dictionary © Cambridge University Press)
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