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What is a last quarter?

What is a last quarter? Here are some definitions.

Noun
  1. the waning lunar phase halfway between full moon and new moon.
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Examples
Car buyers weren't so strapped last quarter that they couldn't take advantage of a good deal.
The company's cash position continued to weaken over the last quarter, due to cash spent on acquisitions.
Then, quite suddenly last quarter, consumers posted one of their weakest performances in more than year, accentuated by a sharp pullback in June.
It was the last quarter, and I was going through my trig homework, quickly writing down answers that were probably wrong.
By the last quarter of the nineteenth century, however, the barriers erected by the Founding Fathers were beginning to break down.
Still by late in the last quarter Freo had played Sydney back into some sort of coherence.

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