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grace period. In DICTIOUS you will not only get to know all the dictionary meanings for the word
grace period, but we will also tell you about its etymology, its characteristics and you will know how to say
grace period in singular and plural. Everything you need to know about the word
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English
Pronunciation
Noun
grace period (plural grace periods)
- A length of time during which rules or penalties are waived or deferred.
The fees begin to accrue after a one-month grace period.
1951, State Farm Life Insurance Company, Life Agents Handbook, page 62:(Of course, if an insured dies during the grace period, the unpaid annual premium or instalment thereof is past due and therefore is deducted from the death benefit.)
Translations
a length of time during which rules or penalties are waived or deferred