quarter days

Four days traditionally taken as the beginning or end of the four quarters of the year, often for purposes of charging rent. In England, Wales, and Northern Ireland they are Lady Day (25 March), Midsummer Day (24 June), Michaelmas (29 September), and Christmas Day (25 December). In Scotland they are Candlemas (2 February), Whitsuntide (15 May), Lammas (1 August), and Martinmas (11 November).

Accounting dictionary. 2014.

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  • Quarter days — In British and Irish tradition, the quarter days were the four dates in each year on which servants were hired, and rents and rates were due. They fell on four religious festivals roughly three months apart and close to the two solstices and two… …   Wikipedia

  • quarter days — In Britain, quarter days have since the Middle Ages marked the beginning of each new quarter (= period of three months) of the year. Rent and interest payments are often made on quarter days, and many contracts, especially concerning property,… …   Universalium

  • Quarter Days — Days when rents and taxes were due. ♦ Lady Day: 25th March (Feast of the Annunciation of the Blessed Virgin). ♦ Midsummer Day: 24th June (Feast of St. John the Baptist). ♦ Michaelmas Day: 29th September (Feast of St. Michael the Archangel). ♦… …   Medieval glossary

  • quarter days — In England, those days when quarterly rent generally fell due and when leaseholds generally expired. These days were March 25th, June 24th, September 29th, and December 25th …   Ballentine's law dictionary

  • quarter days — Four days traditionally taken as the beginning or end of the four quarters of the year, often for purposes of charging rent. In England, Wales, and Northern Ireland they are Lady Day (25 March), Midsummer Day (24 June), Michaelmas (29 September) …   Big dictionary of business and management

  • QUARTER DAYS —    in England and Ireland Lady Day, 25th March; Midsummer Day, 24th June; Michaelmas Day, 29th September; and Christmas Day, 25th December; while in Scotland the legal terms are Whitsunday, 15th May, and Martinmas, 11th November, though the… …   The Nuttall Encyclopaedia

  • Quarter Days —    see *calendar …   A Dictionary of English folklore

  • Quarter — Quar ter (kw[aum]r t[ e]r), n. [F. quartier, L. quartarius a fourth part, fr. quartus the fourth. See {Quart}.] 1. One of four equal parts into which anything is divided, or is regarded as divided; a fourth part or portion; as, a quarter of a… …   The Collaborative International Dictionary of English

  • Quarter aspect — Quarter Quar ter (kw[aum]r t[ e]r), n. [F. quartier, L. quartarius a fourth part, fr. quartus the fourth. See {Quart}.] 1. One of four equal parts into which anything is divided, or is regarded as divided; a fourth part or portion; as, a quarter… …   The Collaborative International Dictionary of English

  • Quarter back — Quarter Quar ter (kw[aum]r t[ e]r), n. [F. quartier, L. quartarius a fourth part, fr. quartus the fourth. See {Quart}.] 1. One of four equal parts into which anything is divided, or is regarded as divided; a fourth part or portion; as, a quarter… …   The Collaborative International Dictionary of English

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