The compound word that can be formed using "quarter" and "bone" is "quarterbone." In compound words, two separate words are combined to create a new word with a distinct meaning. In this case, "quarterbone" could potentially refer to a specific bone segment or portion, although it is not a commonly used term.
back. quarter-back is a position in American-football. backbone is another word for spine.
Quarterhorse
backbonebreastbonecollarboneshinbonewishbone
headquarters hindquarters quarterback
Halfback runningback quarterback
One compound word you can make is "raincoat."
The dog searched for its bone.
Stingray is a compound word.
needlewoman is a compound word
Makeshift is a compound word made up of make and shift.
What us a word to mack cloth to make a compound word
I'm sorry, I don't have a quarter. Our captain will give you no quarter!