Definition of quarterage in English:

quarterage

noun

Archaic
  • A sum paid or received quarterly.

    • ‘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.’
    • ‘The Schoolmaster receives no quarterage from the children of the tenants of Knockaloe.’
    • ‘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.’
    • ‘Before every quarterly conference the class leader visited each member, collected his quarterage, and issued to members of good standing tickets which allowed them to partake of communion.’
    • ‘This percentage was the traditional ‘quarterage.’’

Pronunciation:

quarterage

/ˈkwôrdərij/