grace period
Deadline cushion time
A grace period is a span of time after a deadline during which penalties don't apply.
Bills often have a grace period before late fees kick in.
Insurance policies may allow a grace period for missed premiums before coverage lapses.
You have a ten-day grace period to make the payment.
The term implies leniency—an extension of mercy beyond what's strictly required.
- past dueBeyond payment deadline
- due dateWhen payment is required
- extensionAdded part or duration
- interest rateCost of borrowing money
- forbearancePatient self-control, delayed enforcement
moratorium · payment schedule · leeway · borrowed time · last chance · cut some slack · cure period · installment · probation · deferment · payment · honeymoon period · loan · free period · penalty · billing cycle · deferred payment · pay later
- legal timingretroactivity, effective date, sunset clause, ex post facto, statute of limitations
- mortgage reliefloan modification, loan restructuring, forbearance, mortgage assistance, mortgage relief
- bankingbank, banks, ATM, ATMs, account
- car rentalcar rental, rental car, car hire, rental period, pickup
- attendanceattendance, present, absent, here, attendance sheet
- credit cardscredit card, loyalty card, cardholder, cashback offers, card number
grace periodcutoff
Point of termination
zero tolerance · expiration · zero hour · deadline · final notice
grace periodzero tolerance
Policy allowing no infractions
late fee · default · forfeiture · no mercy · summary judgment
grace, graceful, disgrace, disgraceful, gracefully, disgraced, graced, ungracious, gracefulness