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View definitions for grace period

grace period

noun as in extra time before paying

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Example Sentences

He again urged the university and veterans to come up with a “holistic” agreement by July 4, when the grace period expires, and made it clear he still considers the stadium as a potential site for housing.

If you graduated college or left school in the spring, your six-month grace period for student loans is coming to an end.

From Salon

Then there was the fact that the secretary decided not to give ALG a grace period to fix any potential mistakes.

From Slate

There is a finite window before it goes to collections, depending on the company’s policies, but generally, it goes something like this: The first 30–60 days of missed payments are usually considered a grace period.

From Slate

An investigation had been launched on 30 July into Economic Secretary Tulip Siddiq after she missed the 28-day grace period to register interests.

From BBC

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From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.

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