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Definitions

grace period

NOUN
extra time before paying
Synonyms


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

While some landlords offer a short grace period for renters to scrounge together enough cash, fintech companies are offering a different deal: split your rent into installments throughout the month.

From MarketWatch

“Aleks feels the same. But I think it would be nice to also have some time in life to not be 100% all effort into this sport, to have a little bit of a grace period where we can just be together, enjoy life, visit family, celebrate with a glass of wine, and actually be OK with that, get sick and not be worried about it. All of those kinds of things.”

From The Wall Street Journal

During the transition, the Seahawks had enjoyed an extended grace period owing to an esoteric legal quirk.

From The Wall Street Journal

The government has given a grace period of at least one year to fine-tune the rules.

From The Wall Street Journal

Borrowers were then given another year grace period.

From The Wall Street Journal