biweekly payment

Every-other-week sum

A biweekly payment is made every two weeks—twenty-six payments per year rather than twelve monthly ones.

The term appears most often with mortgages and paychecks: Switching to biweekly payments can shave years off your mortgage.

Because biweekly can also mean twice a week, context usually clarifies which schedule applies.

Related

bimonthly · fortnightly · payday · wages · income · pay period · budget · living expenses · mortgage · installment · recurring · automatic · deduction · withholding · payroll · rent · dues · subscription

Categories
Opposites
payment frequency

biweekly paymentannual payment

Sum due every twelve months

monthly payment · quarterly payment · weekly payment · single payment · one-time payment

payment regularity

biweekly paymentone-time payment

Full amount paid once

lump sum · single payment · lump sum payment · balloon payment · final payment

Family

biweekly, payment, payer, payee, paying, payable, payments, repay, repayment

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Everyday, not technical · Rated G