grace period definition

  • noun:
    • an interval by which a debt might compensated without accruing further interest or penalty.
    • an interval which an insurance policy works well although the premium is past-due.
    • A length period during which rules or penalties don't take result or tend to be withheld.

Related Sources

  • Definition for "grace period"
    • an interval by which a debt might compensated…
    • View More
  • Sentence for "grace period"
    • Between classes, students usually have a…
    • View More
  • Urban Dictionary for "grace period"
    • The sweet but brief time after…
    • View More
53 votes

How would you define grace period?

All the definitions on AZdictionary were written by people just like you. Now's your chance to add your own!