Quarter Day

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Quarter Day

In Britain and Ireland, one of four traditional dates each year when rent on land was due and when new servants were hired. While they are not generally observed anymore, rents on English leaseholds often are due on quarter days. In England and Ireland, the quarter days are March 25, June 24, September 29 and December 25. In Scotland, they are February 2, May 15, August 1 and November 11. The dates correspond to traditional pagan and Christian holidays.
References in periodicals archive ?
The latest big name retailer to struggle is sports chain JJB and it had been rumoured that advisors KPMG had been trying to push through a sale before quarter day as the firm would not be able to meet payments due this week.
That's the view of Steve Ross, pictured, chair of insolvency trade body R3 in the north east, who was speaking as the June Quarter Day brought news of further business failures on the high street.
These notice periods can be for any period of time, but typically they are for six, nine or 12 months and normally the break dates themselves are on quarter days.
5% convertible debentures with interest payable on usual quarter days.
It was a solid performance, we had the upper hand, we dominated probably three and a quarter days, so it was a good solid start.
The issue of 7 1/2% convertible debentures with interest payable on usual quarter days and convertible into common shares at investors option after two years at the greater of 75% of the average closing price for the ten trading days prior to the conversion or the market price per share at the time of closing.
Certainly the festival of Samhain, meaning Summer's End, was by far the most important of the four quarter days in the medieval Irish calendar, and there was a sense that this was the time of year when the physical and supernatural worlds were closest and magical things could happen,' he says.
After allowing female rats to mate, the researchers fed them a low-protein diet for the following four and a quarter days - the gap between fertilisation and implantation.