ársfjórðung
ársfjórðung is a term from Icelandic that denotes one of the four equal parts into a calendar year. It is formed from ár, meaning year, and fjórðungur, meaning quarter, and it corresponds to what in English is called a calendar quarter.
In practical use, an arsfjórðung covers three consecutive months. The first arsfjórðung typically runs from January
Historical and formal usage: the term appears in older Icelandic texts and in formal writings referring to
See also: calendar quarter, fiscal year, quarterly report.
Overall, arsfjórðung is a straightforward linguistic construction for a year’s quarter, used mainly in accounting, statistics,