Precast concrete is a construction product produced by casting concrete in a reusable mold or form which is then cured in a controlled environment, transported to the construction site and lifted into place. In contrast, standard concrete is poured into site-specific forms and cured on site.
What They Are. Semi-monthly payments are payments made twice per month on the 1st and 15th rather than once per month on your regular due date. The balance due remains unchanged; if your mortgage is $1,200 per month, you would make a payment of $600 twice each month.
If you are paid annually you get paid once per year, if you are paid semi-annually that means twice per year. Monthly you would be paid 12 times a year. Semi-monthly you would receive 24 checks per year. You would be paid 26 times a year if you are paid bi-weekly (which is every 2 weeks).