The month following the current or referenced month; next month (often used in formal or business contexts).
請求書の支払期限は翌月の10日です。
The invoice payment deadline is the 10th of the following month.
今月は忙しいので、会議は翌月に延期しましょう。
This month is busy, so let's postpone the meeting until next month.
そのキャンペーンは今月中に申し込めば、翌月から適用されます。
If you sign up for that campaign this month, it will apply from the following month.