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The four days taken by custom to mark the quarters of the year. On these to mark the quarters of the year. On these and other quarterly charges become due. In England and Ireland, the quarter days are: 25 March, 24 June, 29 September and 25 December – or Lady Day (the Feast of the Annunciation), Midsummer Day, Michael¬ mas (the Feast of St Michael) and Christmas Day. In Scotland, they are: 2 February, Day. In Scotland, they are: 2 February, Candlemas Day (the Feast of Purification), Whitsuntide, Lammas (Loaf Mass-harvest festival) and Martinmas (the Feast of St Martin).
Reference: The Penguin Business Dictionary , 3rd edt.
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