student asking question

What does the "quarter" mean?

teacher

Native speaker’s answer

Rebecca

Here, "quarter" means one of four periods of time that the year is divided into. A "quarter" is three of 12 months, in this case. It's commonly used this way for businesses and taxes. Ex: It's the third quarter of the year, and we're still behind a month on our goals. Ex: Profits this quarter went up double compared to last quarter.

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