What is semi annual?

Semiannual means occurring twice a year, typically every six months. It is a term commonly used in financial reporting, where companies may issue semiannual reports to shareholders detailing their financial performance over the past six months. Semiannual also refers to events or occurrences that happen twice a year, such as semiannual sales or semiannual meetings. Many businesses and organizations have semiannual events, reports, or activities that help keep stakeholders informed and engaged.