quarter

Definitions (2)

1. One of four three-month intervals on a financial calendar that together comprise the financial year. Public companies must report certain data on a quarterly basis, and other financial events are scheduled with the beginning and end of the quarter in mind.
2. In the context of securities quotes, one fourth of a point: 25 cents for stocks, $2.50 for bonds and $25 for options.

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first quarter steadily