grace period - definition

Create account
Where to search:
Thesaurus


Dictionaries » Dictionary of Law » G »

grace period - definition



A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
(Non-alphabetical character)

grace period


n. a time stated in a contract in which a late payment or performance may be made without penalty. Often after the grace period ends without payment or performance by the person who is supposed to pay, the contract is suspended. Example: if a person does not pay his/her insurance payment (premium) by the stated deadline, he/she usually has a few days extra to pay before the absolute deadline. If the person does not pay by then, the insurance company cancels the contract, i.e. your insurance.



Permanent link to this page: http://www.diclib.com/cgi-bin/d1.cgi?l=en&base=en_law&page=showid&id=1017


Learn foreign languages chatting with us!

  • pedro, 18
    Mozambique, Maputo
    Native language: Portuguese
    Foreign language: Spanish
    pedro
  • marianita, 22
    Mexico, Leon Gto
    Native language: Spanish
    Foreign language: English
    marianita
  • Jeydi Magana, 41
    El Salvador, Santa Tecla
    Native language: Spanish
    Foreign language: Spanish
    Jeydi Maga...
  • josue, 31
    Cuba, Santiago De Cuba
    Native language: Spanish
    Foreign language: English
    josue
  • irma hernandez, 20
    Costa Rica, Alajuela
    Native language: Spanish
    Foreign language: English
    irma herna...
  • Rayna
    Bulgaria, Sofia
    Native language: Bulgarian
    Foreign language: Spanish
    Vivo en Sofia . Trabajo en Galeria de arte & quot; Maestro& quot; gallerymaestro. com
    Rayna
  • kiamabab, 26
    Senegal, Dakar
    Native language: English
    Foreign language: French
    kiamabab
  • Roge el goloso, 23
    Panama, Panama
    Native language: Spanish
    Foreign language: Spanish
    estudio en la umecit; toy soltero y en buska ; soy satirasis pero bien goloso.
    Roge el go...
  • cristal, 40
    Dominican Republic, Santo Domingo
    Native language: Spanish
    Foreign language: English
    cristal
  • Alena, 54
    Belarus, Minsk
    Native language: Russian
    Foreign language: English
    Alena
  • francisco novas pinales, 25
    Dominican Republic, Santo Domingo
    Native language: Spanish
    Foreign language: English
    francisco ...
  • Nagla, 36
    Egypt, Port-Said
    Native language: Arabic
    Foreign language: English
    Nagla
  • Sabino, 46
    Dominican Republic, Santo Domingo
    Native language: Spanish
    Foreign language: English
    I&# 39; m studying English as a second language, and I would like to find someone to learn the language better. I am also willing to help with that and Spanish to those who wish to learn or perfecional the Spanish
    Sabino
  • David, 25
    Guatemala, Guatemala City
    Native language: Spanish
    Foreign language: Spanish
    « Algo de mi» Si... sincero, simpático y sociable cuando hay que hacerlo... Tolerante hasta no mas poder. Me gusta leer mucho y escribir unos cuantos garabatos... Pero algo escribo. Soy amigo para el quiere un amigo!! No veo actualmente y ni veré en el futuro inédito ser mejor que nadie, me basta con ser único en la autenticidad personal. (...) (:
    David
  • Ksenia, 20
    Russian Federation, Saint Petersburg
    Native language: Russian
    Foreign language: English, Spanish
    Hello!) My name is Ksenia and I&# 39; m a student from Russia. I like meeting with new people! ;)
    Ksenia
  • bladimir moronta, 24
    Dominican Republic, San Cristobal
    Native language: Spanish
    Foreign language: Spanish
    bladimir m...
  • andres felipe, 16
    Colombia, Bogotá
    Native language: Spanish
    Foreign language: French
    hellow ny name is andres
    andres fel...
  • Gehad, 27
    Egypt, Cairo
    Native language: , English
    Foreign language: French, German, Spanish
    I translate news, I work with children at risk, I read, I write, I walk and I climb trees.
    Gehad
  • WHIISHooooO, 22
    Mexico, Xicotepec
    Native language: Spanish
    Foreign language: English
    WHIISHoooo...
  • oneida yin francisco , 26
    Dominican Republic, La Romana
    Native language: English
    Foreign language: English
    oneida yin...