The time a borrower has after a
payment is due to make the payment without
incurring penalties.

Merriam-Webster Online Dictionary
grace period (noun)
a period of time beyond a due date during which a financial obligation may be met without penalty or cancellation
« Back to Glossary Index
Exam Pass Guarantee

Risk Free Exam Pass Guarantee

We guarantee to help you pass the Real Estate Salesperson or Broker exams. And if you don’t pass we will refund you in full.