English Vocabulary


"The third quarter gain"

(or: the third quarter profit.) Who of you is familiar with financial terms? What does it mean please.

1 comments

  • I am not familiar with financial terms.
    Nevertheless I think I catch the expression.
    a quarter (here: of a year) = 3 months
    the third quarter = July, August, September.
    In accounting, they might call 3rd quarter profit, third quarter gain: the positive difference between incomes and charges during that quarter.
    Third quarter "bottom line" is the result whatever it be, profit or loss, whatever the difference I mentioned above be, positive or negative.
    See you, Gwendo.


    The floor is open to any possible more informed GGuser!!

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