Pronunciation: /ˈkwɔːtəli/
adjective
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1done, produced, or occurring once every quarter of a year: a quarterly newsletter is distributed to members
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2 Heraldry (of a shield or charge) divided into four (or occasionally more) subdivisions by vertical and horizontal lines.
adverb
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1once every quarter of a year: interest is paid quarterly
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2 Heraldry in the four, or in two diagonally opposite, quarters of a shield. [on the pattern of Old French quartile]
noun (plural quarterlies)
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a magazine or journal that is published four times a year.