The Wretched Refuse of Your Teeming Shores. Take a close look at those refugees who are fleeing the war-torn Middle East and trying desperately to save their lives by escaping to Europe. Look at their faces. Examine their clothing.
Definition of grace period. : a period of time beyond a due date during which a financial obligation may be met without penalty or cancellation.
Payment Grace Period. If you are experiencing a short-term cash-flow problem and just canât make one mortgage payment on your due date, you will get to experience some grace in the form of your grace period.