FT MarketWatch

Grace period

The additional period of time a Lender or Insurance policy Issuer provides for a borrower to make payment on a Debt without Penalty.

Related Terms: 11 Borrow, Debt, Issuer, Insurance, Insurance policy, Lend, Lender, Owe, Penalty, Policy, Sue
Other Related Pages: Category: Lending_and_Credit Starting With: G
Semi Related Terms: 479 CLICK HERE TO VIEW