Share this entry

Share this page

quarterage

Syllabification: quar·ter·age
Pronunciation: /ˈkwôrtərij
 
/

Definition of quarterage in English:

noun

archaic
A sum paid or received quarterly.
Example sentences
  • This lease not only provided Sidebottom with a quarterage on the amount of coal extracted, but also brought the considerable sum of a L50 yearly rent fee and other rents.
  • This percentage was the traditional ‘quarterage.’
  • However, it is a matter of regret that 25 members have still not paid their quarterage which was due in October, a shortfall of over £4,300 in income.

Definition of quarterage in:

Share this entry

Share this page

 

What do you find interesting about this word or phrase?

Get more from Oxford Dictionaries

Subscribe to remove adverts and access premium resources

Word of the day Sprachgefühl
Pronunciation: ˈʃprɑːxɡəˌfuːl
noun
intuitive understanding of a language’s natural idiom…