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biweekly

(Dictionary)

Author:
Harold Averkamp, CPA, MBA

Definition

Usually means every two weeks. For example, if an employee is paid every other Thursday, the employee is paid biweekly. The person paid biweekly will receive 26 paychecks per year. (People paid two times per month – on the 15th and on the last day of the month – are said to be paid semimonthly and will receive 24 paychecks per year.)

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About the Author

Harold Averkamp

For the past 52 years, Harold Averkamp (CPA, MBA) has
worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on AccountingCoach.com.

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