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单词 days of grace
释义 days of grace

1) The period elapsing between a security offer and establishing a sinking fund or purchase fund.

2) The period in a loan during which repayment of the principal is not required.

3) The time given to defaulters to satisfy their obligations.

4) The extra time allowed for payment of a bill of exchange or insurance premium after the actual due date. With bills of exchange the usual custom is to allow 3 days of grace (not including Sundays and Bank Holidays) and 14 days for insurance policies.

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更新时间:2025/4/14 13:37:35