Grace period


 

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Grace period

A specified amount of time to make a loan payment after its due date without penalty.

Grace period

The period, normally 30 days, during which an insurance policy remains in force even though the premium has not been paid.

Grace period

The time period stipulated in most loan contracts and insurance policies during which a late payment will not result in default or cancellation.



Grace period

Similar Matches

Qualification period

Qualification period

That period of time, as stated in an insurance policy, during which benefits are not payable to the insured following a claim. This period is to enable the insurance company to confirm that the claim is genuine and is usual in health insurance.


Net period

Net period

The period of time between the end of the discount period and the date payment is due.


Periodic call auction

Periodic call auction

Selling stocks by bid at intervals throughout the day.


Period certain annuity

Period certain annuity

An annuity that provides guaranteed payments to an annuitant for a specified period of time.


Periodic payments

Periodic payments

A series of payments from an annuity, qualified retirement plan, or 403(b)(7) account made over a certain term of years. A payment from an IRA, even if over a period of years, is not considered a periodic payment for tax purposes.


Further Suggestions

cancellation period
Holding period
Qualification period
Payout period
cooling off period
Discounted payback period rule
holding period
Cooling off period
Tie in period
periodic payment plan
Neutral period
Benefit period
Periodic rate
Holding period return
Discount period
distribution period
Redemption Period
Anticipated holding period
Compounding period
Early repayment period
deferment period
Cost Recovery Period
Twenty day period
waiting period
closed period


 
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