grace period

1. 1.

   a period of time past the deadline for fulfilling an obligation during which a penalty that would be imposed for being late is waived, especially an extended period granted as a special favor

   “The payment had originally been due on April 1 but we had a grace period which expired in June.”

   Synonymsgrace

   Broadertime period

Questions about grace period

What does grace period mean?

grace period means "a period of time past the deadline for fulfilling an obligation during which a penalty that would be imposed for being late is waived, especially an extended period granted as a special favor".

What is another word for grace period?

Close synonyms include grace. Each sense on this page lists its own synonyms, because a word with several meanings rarely has one substitute that works for all of them.

Is grace period a common word?

grace period is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.