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The concept of quarter days in general and some of the terms in particular can seem quaint to people not educated at a public school or in the legal profession.
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In England the days when payments which are made every quarter should be paid. The quarter days are the days that the seasons are said to start. The actual dates and their names are: 25 March - Lady Day; 24 June - Midsummer Day; 29 September - Michaelmas Day; and 25 December - Christmas Day.