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Showing results for grace period. Search instead for -day period.
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.

The requirement includes a generous 90-day grace period.

From The Wall Street Journal • Jun. 7, 2026

The terms of the contract were steep: After a grace period, Odessa would have to pay roughly $24,000 annually to maintain its membership, an amount that could increase and had no cap.

From Salon • May 3, 2026

Drivers who are photographed going 11 mph or more over the posted speed limit will have a 60-day grace period before they’re fined.

From Los Angeles Times • Mar. 30, 2026

For returning policyholders, there’s a three-month grace period to pay the first month’s premium, Montz noted.

From MarketWatch • Mar. 20, 2026

But I needed time, and quiet, and a few weeks’ grace period in the States if I was to do anything of the sort.

From "The Secret History" by Donna Tartt

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