Yes, quarter is a Scrabble word!

Verb

1. Provide housing for (military personnel)

2. Pull (a person) apart with four horses tied to his extremities, so as to execute him

3. Divide into quarters

4. Divide by four; divide into quarters

Noun

1. One of four equal parts

2. A district of a city having some distinguishing character

3. (football, professional basketball) one of four divisions into which some games are divided

4. A unit of time equal to 15 minutes or a quarter of an hour

5. One of four periods into which the school year is divided

6. A fourth part of a year; three months

7. One of the four major division of the compass

8. A quarter of a hundredweight (25 pounds)

9. A quarter of a hundredweight (28 pounds)

10. A United States or Canadian coin worth one fourth of a dollar

11. An unspecified person

12. The rear part of a ship

13. Piece of leather that comprises the part of a shoe or boot covering the heel and joining the vamp

14. Clemency or mercy shown to a defeated opponent