Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
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MIDDLE OF MONTH TERMS
Definition and Citations:
Deliveries or shipments made from the 1st to the 15th day of a month are billed as of the 15th day of that month in this specific type of Invoicing method. On Invoices from the 16th day to the end of the month, end of month billing occurs.