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Synonyms

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.


Other Word Forms

Noun Inflected Forms

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.

See Examples For:

But the immediate impact of the sanctions was softened by a series of exemptions that offer a de facto six-month grace period.

From Barron's ● Oct. 9, 2026

The sanctions would forbid most transactions with the ICC after a grace period of six to seven months, according to documents viewed by The Wall Street Journal and U.S. officials.

From The Wall Street Journal ● Sep. 20, 2026

Senior Principal Veterinary Officer Elsie McGarvey said the department was "technically" potentially in breach of the court order by extending the grace period.

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

“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

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