Cure period

A Provision in a Contract allowing a defaulting Party to fix the cause of a Default, for example a repayment Grace period.

Related Terms: 6 Contract, Default, Grace period, Low, Party, Provision

Other Related Pages: Category: Lending_and_Credit Starting With: C

Additional Related Terms: 52-week low, Allowance for depreciation, Average collection period, Above par, Accrual of discount, Amortization of premium, At par, All or any part, All-risks coverage, Add-on service