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.
Grace Period. Most lease contracts do not include a grace period to terminate the lease after the contract has been signed by both parties. However, most lease contracts stipulate a grace period that provides the tenant or renter a certain time frame to pay the rent. The grace period usually occurs after the day each rent payment is due.