What does "quarterly" mean?

Quarterly: Recurring during, or at the end of, each quarter; as, quarterly payments of rent; a quarterly meeting.

Additional senses

  1. 2.A periodical work published once a quarter, or four times in a year.
  2. 3.By quarters; once in a quarter of a year; as, the returns are made quarterly.
  3. 4.(Her.) In quarters, or quarterings; as, to bear arms quarterly; in four or more parts; -- said of a shield thus divided by lines drawn through it at right angles.

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