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!

  • adriana, 17
    Venezuela, Maracaibo
    Native language: Spanish
    Foreign language: Spanish
    adriana
  • yajaira calda, 55
    Venezuela, Caracas
    Native language: Spanish
    Foreign language: Italian
    yajaira ca...
  • jasmin, 2
    Peru, Lima
    Native language: Spanish
    Foreign language: English
    jasmin
  • andres alvarez, 24
    Colombia
    Native language: Spanish
    Foreign language: English
    andres alv...
  • Asya Huntress
    Russian Federation, Москва
    Native language: Russian
    Foreign language: English
    Asya Huntr...
  • toni, 22
    Mexico, Veracruz
    Native language: Spanish
    Foreign language: English
    hola a todos xd me gustaría conocer gente con la cual pueda aprender ingles la verdad es que no soy nada bueno en el idioma y por ello si alguien pudiera ayudarme a aprender le o les agradecería mucho xd
    toni
  • alina, 25
    Germany, Berlin
    Native language: German
    Foreign language: English
    alina
  • manuel turcios, 65
    El Salvador, San Salvador
    Native language: Spanish
    Foreign language: English
    manuel tur...
  • Jhony Ruiz, 30
    El Salvador, San Salvador
    Native language: Spanish
    Foreign language: English
    Soy una persona tranquila me gusta leer mucho, tambien me gusta interactuar con los demas,,, me creo bastante sociable...
    Jhony Ruiz
  • pappa, 27
    Cuba, Santa Clara
    Native language: Spanish
    Foreign language: Portuguese, English, Spanish
    hola people, soy fans a charly garcia, amo la dolce vitta y espero que mi mama me encuentre en este sitio hoy, hola mami, dejame un mensaje, xoxoox
    pappa
  • kiamabab, 26
    Senegal, Dakar
    Native language: English
    Foreign language: French
    kiamabab
  • katherine, 25
    Ecuador, Guayaquil
    Native language: Spanish
    Foreign language: English
    katherine
  • Yudelkis Gonzalez, 21
    Cuba, Sancti Spiritus
    Native language: Spanish
    Foreign language: English
    Yudelkis G...
  • Kevin Macias, 24
    Ecuador, Quito
    Native language: Spanish
    Foreign language: Spanish
    Kevin Maci...
  • welington lebron, 35
    Dominican Republic, Santo Domingo
    Native language: Spanish
    Foreign language: English, Italian
    welington ...
  • Elsa V, 41
    Philippines, Davao
    Native language: Filipino
    Foreign language: English
    Elsa V
  • luz, 23
    Venezuela, Barcelona
    Native language: Spanish
    Foreign language: Spanish
    luz
  • armando, 24
    Bolivia, Cochabamba
    Native language: Spanish
    Foreign language: English
    soy un estudiante con ganas de aprender ingles
    armando
  • marlon, 23
    Venezuela, Puerto La Cruz
    Native language: Spanish
    Foreign language: Turkish
    marlon
  • Helen
    Turkey, Istanbul
    Native language: Spanish
    Foreign language: English
    Helen