See also: quarter-day

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quarter day (plural quarter days)

  1. Each of the four days customarily regarded as starting a new quarter year, formerly established as a time for rents and other payments to be due, tenancies to begin and end, and various meetings and assemblies to be held. [from 15th c.]
    • 1751, [Tobias] Smollett, The Adventures of Peregrine Pickle [], volumes (please specify |volume=I to IV), London: Harrison and Co., [], →OCLC:
      [T]he money was deposited in the hands of the mortgager, who, in the hearing of the lender, laid strong injunctions on his steward to pay the interest punctually at quarter-day.

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