quarterages
/ˈkwɔːrtərɪdʒɪz/
noun
- Payments or allowances made every three months (quarterly).
- The landlord required quarterages for the storage unit, due at the start of each season.
- She set aside a portion of her salary to cover the quarterages for her insurance policy.
- The pension fund distributes quarterages to retirees in March, June, September, and December.
- A portion or share of something, especially one of four equal parts.
- The farmer sold quarterages of his harvest to different buyers throughout the year.
- The team agreed to split the prize money into quarterages so everyone got an equal share.
- The inheritance was divided into quarterages, with each child receiving one fourth of the estate.