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days of grace

noun

  1. days, usually three, allowed by law or custom for payment after a bill or note falls due.


days of grace

plural noun

  1. days permitted by custom for payment of a promissory note, bill of exchange, etc, after it falls due
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


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Word History and Origins

Origin of days of grace1

1840–50; translation of Latin diēs grātiae

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Days of Awedays of wine and roses