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The term semi-monthly refers to an function or activity that occurs twice every month, typically on some sort of fixed schedule many of these as the initial and 15th or perhaps the 15th and the last day of the month. This kind of timing structure is usually commonly used within payroll systems, payment cycles, and several administrative functions where regular, predictable periods are necessary but even more frequent than the usual regular occurrence. Unlike 24 hour schedules, which transpire every fourteen days in addition to can result wit