quarter

quarter definition - business

quarter

  1. One quarter of a point. For bond quotes, a quarter represents one quarter of 1% of par, or $2.50. For stocks, a quarter represents a quarter of a dollar, or 25¢.
  2. A three-month period that represents 25% of a fiscal year.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.