Meaning of “half-yearly” in the English Dictionary

"half-yearly" in Business English

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half-yearlyadjective [ before noun ]

uk us ACCOUNTING, FINANCE, STOCK MARKET

half-yearly financial statements, payments, etc. are published or made every six months:

Fund managers will send out regular half-yearly valuations and comments on the performance of the portfolio.
half-yearly results/reports/profits
half-yearly accounts/figures
half yearly
adverb

Most funds only pay out quarterly or half yearly.

(Definition of “half-yearly” from the Cambridge Business English Dictionary © Cambridge University Press)