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A quarter usually refers to 1/4 of something. For example a quarter, as in the currency, is 1/4 of a dollar. This question is a little bit vague so I'm going to attempt to cover all aspects of it.
A quarter, when referring to a business quarter, is 3 months long.
A quarter, when referring to a football quarter, is 15 minutes long.
A quarter, when referring to the US coin, is 24.26 mm in diameter.
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