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Meaning of grace period | Babel Free

Noun CEFR B2

Definitions

A length of time during which rules or penalties are waived or deferred.

Equivalents

Examples

“The fees begin to accrue after a one-month grace period.”
“(Of course, if an insured dies during the grace period, the unpaid annual premium or instalment thereof is past due and therefore is deducted from the death benefit.)”

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
See all B2 English words →

See also

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