Glossary term
Grace Period
The grace period is the interest-free window, typically 18 to 48 days, between the statement date and the payment due date when no interest accrues on full payment.
Related terms
- Grace Window
The interest-free period.
Glossary term
The grace period is the interest-free window, typically 18 to 48 days, between the statement date and the payment due date when no interest accrues on full payment.
The interest-free period.
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