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 Search for pronunciation examples


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!

  • eddie, 66
    Spain, Toledo
    Native language: Spanish
    Foreign language: Italian
    eddie
  • martin, 44
    Peru, Lima
    Native language: Spanish
    Foreign language: English
    My interest and hobbii is a food.... I AM CHEF... WORKING IN lima peru.....
    martin
  • WHIISHooooO, 24
    Mexico, Xicotepec
    Native language: Spanish
    Foreign language: English
    WHIISHoooo...
  • tory
    Bolivia, Santa Cruz
    Native language: Spanish
    Foreign language: English
    tory
  • yuri, 19
    Peru, Lima
    Native language: Spanish
    Foreign language: English
    yuri
  • ismael, 32
    Dominican Republic, Santo Domingo
    Native language: Spanish
    Foreign language: English
    soy una persona muy humilde que le gustaria tener una relacion seria con unna mujer que me quiera de verdad
    ismael
  • Luz Mart, 61
    Argentina, Buenos Aires
    Native language: Spanish
    Foreign language: English
    Luz Mart
  • Valentina Doria, 15
    Colombia, Cartagena
    Native language: Spanish
    Foreign language: Spanish
    Valentina ...
  • francisco, 19
    Ecuador, Zapotillo
    Native language: Spanish
    Foreign language: Spanish
    francisco
  • andres alvarez, 26
    Colombia
    Native language: Spanish
    Foreign language: English
    andres alv...
  • ENRIQUE ALIX, 34
    Colombia, Colombia City
    Native language: Spanish
    Foreign language: English
    quiero mejorar mi ingles hablando con otros que si saben bien.. ! help me!
    ENRIQUE AL...
  • Fernanda Ramirez, 25
    Colombia, Bogotã¡
    Native language: Spanish
    Foreign language: English
    Fernanda R...
  • luz, 25
    Venezuela, Barcelona
    Native language: Spanish
    Foreign language: Spanish
    luz
  • mohamed, 40
    Egypt, Zamora
    Native language: Arabic
    Foreign language: Spanish
    mohamed
  • oneida yin francisco , 28
    Dominican Republic, La Romana
    Native language: English
    Foreign language: English
    oneida yin...
  • ernesto mendoza, 18
    United States, Nuevayor
    Native language: Spanish
    Foreign language: French
    mecusta aprender
    ernesto me...
  • ismael gonzalez, 18
    Mexico, Mazatlán
    Native language: Spanish
    Foreign language: English
    A mi me gusta hacer mucho ejercicio, me gustan las personas que son buena onda, me gusta relacionarme con todo tipo de gente, a mi gustan las mujeres que no son celosas, me gusta mucho la musica, me gustan ver peliculas de vampiros, de brujeria, etc......
    ismael gon...
  • Violetta, 69
    United States, Wilmington, Nc
    Native language: Russian
    Foreign language: English
    Люблю свой дом природу и животных и еще много чего. Обожаю своих внуков и детей. Хочу общаться с людьми, реально смотрящими на жизнь.
    Violetta
  • sunny nayak, 22
    India, Jodhpur
    Native language: Hindi, English
    Foreign language: English
    sunny naya...
  • Luxy, 22
    Dominican Republic, Moca
    Native language: Spanish
    Foreign language: English
    Luxy