This is a term used in a lease contract for the rental of a horse. The quarter lease, as opposed to the half or full lease, allows the leasee to ride the said horse two times per week. The cost ranges from around $100-$350 per month depending on where you live and how talented the horse is.
I was planning to quarter-lease the horse because I don't have time to ride him more than twice a week.
by ConfidentAndCompetent August 29, 2009