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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.


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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:

He has taken full advantage of that dispensation, leaving the Supreme Court in a pickle as the grace period is set to expire this week.

From The Wall Street Journal Aug. 20, 2026

Under the new rules, foreign students will also now have 30 days to pack up and leave after graduation or change to a different visa category - down from the previous 60-day grace period.

From BBC Jul. 16, 2026

There may be a grace period of several months, depending on the employer, Pon noted, but whatever isn’t spent disappears — it doesn’t roll over to the next year.

From MarketWatch Jul. 6, 2026

And while business manager visa holders have a three-year grace period to meet the new conditions, some thriving businesses -- including many popular eateries in Okubo -- fear they won't manage.

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

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