Grace period: Difference between revisions
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1. A time period allowed in a loan agreement in which a borrower is allowed to correct a potentially default situation. | 1. | ||
A time period allowed in a loan agreement in which a borrower is allowed to correct a potentially default situation. | |||
2. | |||
A similar arrangement in other types of contracts or non-contractual agreements. | |||
== See also == | == See also == | ||
* [[Cross acceleration]] | |||
* [[Cross default]] | |||
* [[Default]] | * [[Default]] | ||
* [[Event of default]] | * [[Event of default]] | ||
* [[Forbearance]] | |||
* [[Loan agreement]] | * [[Loan agreement]] | ||
* [[Waiver]] | |||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
[[Category:Corporate_finance]] | |||
[[Category:Investment]] | |||
[[Category:Long_term_funding]] | |||
[[Category:Financial_products_and_markets]] | |||
Latest revision as of 21:00, 11 May 2020
1.
A time period allowed in a loan agreement in which a borrower is allowed to correct a potentially default situation.
2.
A similar arrangement in other types of contracts or non-contractual agreements.
