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quarter
(redirected from quartering on)

   Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia, Wikipedia 0.08 sec.
quarter
1. One quarter of a point. For bond quotes, a quarter represents one quarter of 1% of par, or $2.50. Thus, a bond quoted at 91 2/4 is being offered for $917.50.
2. A 3-month period that represents 25% of a fiscal year.

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