Meaning 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
More terms such as Grace period in Dictionary G.
- Definition Go To:
- Examples Used in the context of general equities. Sell interest ( we've got 50 IBM to go grace period definition.
- Definition Gold Certificate:
- Examples Certificate of an investor, that shows proof of ownership of gold bullion grace period explain.
- Definition General Lien:
- Examples An attachment that gives the lender the right to seize the personal property of a borrower who has not fulfilled the obligations of the loan, but prevents the lender from seizing real property grace period what is.
- Definition Gestation Repo:
- Examples repurchase agreement between mortgage firms and securities dealers. Under the agreement, the firm sells federal agency-guaranteed MBS and simultaneously agrees to repurchase them at a future date at grace period meaning.
- Definition Good Through/Until Date Order:
- Examples of general equities. Market or limited price order that remains viable for a stated period of time unless cancelled, executed, or changed, after which such order or the portion thereof not executed grace period abbreviation.
