The quarter
Example: The quarter reflects financial performance period
Definition
"The quarter" refers to a specific three-month period within a financial year used to measure and report a company's financial performance, often dividing the year into four parts for accounting and business analysis purposes.
Etymology
The phrase "the quarter" originates from the Latin word 'quartus,' meaning 'fourth.' It historically referred to one of four equal parts, and in financial contexts, it denotes one-fourth of a year. Did you know it helps businesses break down annual data into manageable time segments?
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"The quarter" appears in the Vocaplus list "English - General - (B2) - set 3", containing 112 commonly used words.
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