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What is a grace period?
A grace period is the provision in most loan and insurance contracts that allows payment to be received for a certain period of time after the actual due date.
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Asked 3/18/2013 7:37:50 AM
Updated 7/31/2016 6:31:51 PM
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Edited by Andrew. [7/31/2016 6:31:33 PM]
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A grace period is the provision in most loan and insurance contracts that allows payment to be received for a certain period of time after the actual due date.
Added 7/31/2016 6:31:51 PM
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Questions asked by the same visitor
The direction that heat will flow is BEST determined by _____. A. energy B. pressure C. temperature D. potential energy
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Updated 2/9/2014 11:48:59 AM
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The direction that heat will flow is BEST determined by TEMPERATURE.

Added 2/9/2014 11:48:59 AM
This answer has been confirmed as correct and helpful.
When referring to student loans, what is a grace period?
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Updated 4/23/2016 6:09:55 AM
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When referring to student loans, grace period is a set period of time after you graduate, leave school, or drop below half-time enrollment before you must begin repayment on your loan.

Added 4/23/2016 6:09:55 AM
This answer has been confirmed as correct and helpful.
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