Q416

Anytime you see a "Q" and then a number between 1-4 and then a two-digit number following that, it is referring to a time in the year for business reporting purposes.

A quarter refers to one-fourth of a year and is typically expressed as "Q." The four quarters that make up the year are: January, February and March (Q1); April, May and June (Q2); July, August and September (Q3); and October, November and December (Q4). The two-digit number that follows represents the year.

For example, "We need to get the financial predictions for Q117 to accounting before the end of Q316." For the largest list of Internet acronyms and text message jargon, click on "more info" below!