Definition, Meaning & Synonyms
quarterly basis
Phrase
/ˈkwɔːrtərli ˈbeɪsɪs/
Definition
Referring to an event or action that occurs every three months or four times a year.
Examples
- The company’s financial statements are released on a quarterly basis.
- We review our progress on a quarterly basis to ensure we meet our annual goals.
- The newsletter will be sent out on a quarterly basis to keep everyone informed.
Meaning
The term ‘quarterly basis’ is often used in finance and business to describe reports, assessments, or meetings that take place four times within a year, aligning with the four quarters of the calendar year.
Synonyms
- Every three months
- Triannual
- Four times a year
