quartile > define
noun
- Statistics) any of three points that divide an ordered distribution into four parts each containing one quarter of the scores. (.
by WordNet 3.0 © 2006 by Princeton University
(n.) Same as Quadrate.
by Webster's Revised Unabridged Dictionary
One fourth of the data points in a data set. Often, private equity investors are measured by the results of their investments during a particular period of time. Institutional investors often prefer to invest in private equity funds that demonstrate consistent results over time, placing in the upper' Quartile' of the investment results for all funds.