Bimonthly Mortgage

Business, Legal & Accounting Glossary

Definition: Bimonthly Mortgage


Bimonthly Mortgage


Full Definition of Bimonthly Mortgage


A type of mortgage where the borrower pays twice in the same month – half the payment is paid on the first day of the month and half is paid on the 15th.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/bimonthly-mortgage/
Modern Language Association (MLA):
Bimonthly Mortgage. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 06, 2021 https://payrollheaven.com/define/bimonthly-mortgage/.
Chicago Manual of Style (CMS):
Bimonthly Mortgage. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/bimonthly-mortgage/ (accessed: December 06, 2021).
American Psychological Association (APA):
Bimonthly Mortgage. PayrollHeaven.com. Retrieved December 06, 2021
, from PayrollHeaven.com website: https://payrollheaven.com/define/bimonthly-mortgage/

Definition Sources


Definitions for Bimonthly Mortgage are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.