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English Word of the Day: Quarterly Report
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English Word of the Day: Quarterly Report
**English Word of the Day: Quarterly Report**
**Part of Speech:** Noun
**Definition:** A quarterly report is a summary or a set of statements prepared by a company every three months. It provides information about a company’s earnings, expenses, assets, and liabilities. These reports are used by stakeholders to understand the company’s financial performance and make decisions.
**Example Sentence:**
“After reviewing the quarterly report, the company’s board of directors decided to increase the investment in research and development.”
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