Terry Pratchett, Discworld series author, dies aged 66. Author of more than 70 novels, who âfired the imagination of millionsâ, dies at his home eight years after Alzheimerâs diagnosis. Obituary: he combined fantasy with wit and irrepressible silliness.
Biweekly means once every two weeks or twice a week. Bimonthly means once every two months or twice a month. If something is âonce every two weeksâ as noted above, then it is twice a month (not twice a week). And, if something Bimonthly is âonce every two monthsâ it does not mean twice a month.
DEFINITION of 'Biweekly Mortgage'. A mortgage with principal and interest payments due every two weeks. A biweekly mortgage adds up to 26 payments per year, two payments more than a mortgage with semimonthly payments. These two extra payments significantly lower the interest payments paid over the life of the mortgage.In addition, biweekly payments are usually lower than semimonthly payments.Next Up. biweekly mortgage adds up to 26 payments per year, two payments more than a mortgage with semimonthly payments. These two extra payments significantly lower the interest payments paid over the life of the mortgage. In addition, biweekly payments are usually lower than semimonthly payments. Next Up.