- A particular kindness or benefit given as a favor
- A temporary period during which a requirement or obligation is not enforced
- The discretionary act of forgiveness or leniency by a person in authority, often resulting in relief from a legal obligation
- The bank extends a two-week grace period for late payments.
- After hearing the defendant's story, the governor granted him grace and abolished his punishment.
- The tenant was given a grace period of one week to pay the rent due.