LAST QUARTER Meaning and
Definition
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Last quarter refers to the final three-month period of a particular time frame, typically measured in terms of a calendar year or a fiscal year. It is the fourth quarter of the year, also known as Q4. In terms of the calendar year, it starts on October 1st and ends on December 31st. For a fiscal year, the last quarter depends on the organization's setup and can differ from the calendar year.
Last quarter holds significant importance in various contexts, such as finance, business, and reporting. In financial terms, it represents the final months of a company's fiscal year, where organizations often evaluate and report their financial performance. This period often witnesses increased business activities due to various factors, including holiday season sales and year-end budget allocations.
The concept of last quarter is frequently used by businesses and financial analysts to assess performance, calculate yearly profits or losses, and make strategic decisions for the upcoming year. Companies rely on the last quarter's data and analysis to set goals, devise marketing strategies, manage inventories, and plan budget allocations for the following year. It also serves as a benchmark for comparison with previous years or quarters to track the growth trajectory and identify any necessary adjustments.
Overall, the last quarter is a significant time period in various fields, serving as a reference point to evaluate annual performance, make informed decisions, and plan for future activities.
Common Misspellings for LAST QUARTER
- kast quarter
- past quarter
- oast quarter
- lzst quarter
- lsst quarter
- lwst quarter
- lqst quarter
- laat quarter
- lazt quarter
- laxt quarter
- ladt quarter
- laet quarter
- lawt quarter
- lasr quarter
- lasf quarter
- lasg quarter
- lasy quarter
- las6 quarter
- las5 quarter
Etymology of LAST QUARTER
The word "last" originates from the Old English word "laest", which means "latest" or "belonging to the end". It is related to the Old Frisian "lest", the Dutch "laatst", and the German "letzt". The term "quarter" in this context refers to one of the four periods into which a year is commonly divided. Its origin can be traced back to the Latin word "quartarius", meaning "a fourth part". So, when combined, "last quarter" essentially refers to the final of the four divisions of a year.
Similar spelling word for LAST QUARTER
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