Definition
"Ultimo" means 'last' or 'latest' and is commonly used in business contexts to refer to the final day of the previous month. Think of it as a fancy way of saying "the end of last month". It's often found in financial reports and communications. It's not an everyday word, so using it might sound a bit formal. πΌ It avoids confusion when referencing dates around the end of a month. It's more precise than saying just 'last month'.