quarter day

noun

(in England, Ireland, and Wales) one of the four days, Lady Day, Midsummer Day, Michaelmas, or Christmas, regarded as marking off the quarters of the year, on which quarterly payments are due, tenancies begin and end, etc.
(in Scotland) one of the four days, Candlemas, Whitsunday, Lammas, or Martinmas, regarded as marking off the quarters of the year.

quarter day

any of four days in the year when certain payments become due. In England, Wales, and Northern Ireland these are Lady Day, Midsummer's Day, Michaelmas, and Christmas. In Scotland they are Candlemas, Whit Sunday, Lammas, and Martinmas

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First recorded in 1470–80

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It was one of the “quarter days” when rents and taxes had to be settled by.

Earth actually takes 365.2422 days to complete one trip around the sun, and as a result our calendar falls behind by about a quarter day each year.

In 2015, a homicide was reported in the District roughly once every two and a quarter days.

They stayed, on average, an extra quarter day in the hospital and racked up $155 to $1,576 more in costs.

Or even nine and a quarter days of solid, matchsticks-holding-up-the-eyelids Dickens time.

From BBC

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