the period at the beginning of the term of a loan during which the borrower is excused amortisation. Sometimes the loan is interest-free during the grace period, an extra length of time given to a debtor to repay money owing, periood, millal ei ole alustatud laenu põhisumma tagasimaksmist, vaid makstakse ainult intressi

Grace period. In insurance law, a period beyond the due date of premium during which insurance is continued in force and during which payment may be made to keep policy in good standing ... May also r