grace period

American  

noun

• grace periods
  plural

1. a period of time after a payment becomes due, as of a loan or life-insurance premium, before one is subject to penalties or late charges or before the loan or policy is canceled.

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Other Word Forms

Noun Inflected Forms

• grace periods
  plural

Example Sentences

See Examples For:

grace period

It emerged that a total of 21 animals had been removed during the grace period, but 51 remained on the farm.

From BBC ● Aug. 14, 2026

Voters who want to vote by mail should not depend too much on the seven-day grace period, Alexander said.

From Los Angeles Times ● Jul. 27, 2026

Ahn called the June inflation data a “one month grace period, not a get out of a jail card.”

From MarketWatch ● Jul. 17, 2026

Indian restaurant owner Manish Kumar, who has lived in Japan for three decades, has already been told his business manager visa won't be renewed, in spite of the grace period.

From Barron's ● Jul. 1, 2026

“Oh no. We don’t keep secrets on this ship. But perhaps Lieutenant Reynolds will give you a grace period... assuming you stay motivated.”

From "Ship Breaker" by Paolo Bacigalupi