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5. EOM Terms

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EOM Terms

EOM Term - Can you describe how EOM (End Of Month) works?

EOM is End of Month. Whatever the current day is end of that month is EOM. If its 2nd of any month then 30th or 31st will be end of that month. If it is 28th then 2 or 3 days are remaining in that particular month as per the term.