What is the abbreviation for quarter?

Qr. The abbreviation QTR is probably the more common of the two. The abbreviations for quarter are not often found in written prose. You may see, however, in business records or school records that represents a time that is one fourth of the year or the school year. Company financial statements commonly use an abbreviated form of the word.

What is a quarter in business?

The word “quarter” is heard often in the business world where a year breaks down into four sections (quarters). Strategies across the entirety of the year are broken into quarters – first, second, third and fourth.

How many quarters are there in a year?

There are four quarters in a year. A quarter refers to a three month period (i.e. one quarter of one year) on a company's financial calendar, that establishes a period for financial reports and dividend payments.