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Quarter day

noun

Definitions

Noun
  1. 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.

    "[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."

  2. 2
    a Christian holy day; one of four specified days when certain payments are due wordnet

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