HomeDefinitionsCompareDebt Grace periodThe financial definition for 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. Similar MatchesAnnualized holding period returnAnnualized holding period returnThe annual rate of return that when compounded t times generates the same t-period holding return as actually occurred from period 1 to period t. Anticipated holding periodAnticipated holding periodThe period of time an individual expects to hold an asset. Average collection period, or days receivablesAverage collection period, or days receivablesThe ratio of accounts receivables to sales, or the total amount of credit extended per dollar of daily sales (average AR/sales 365). Further SuggestionsBase periodCollection period Compounding period Conversion Period Cooling off period Cost Recovery Period Discount period Click to compare definitions of Grace period Click to view definitions beginning gr |