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Idiom: Grace Period

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grace period 

Meanings

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Example Sentences

1
Students have a one-week grace period to submit their assignments after the deadline.
2
The bank offers a 15-day grace period for loan repayment before charging late fees.
3
After the lease ends, tenants usually have a 30-day grace period to vacate the premises.
4
During the grace period, you can cancel your online order without any charges.
5
The library allows a two-week grace period for returning borrowed books without any fines.

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