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Meaning of periodo de gracia by John Rene Plaut





John Rene Plaut

periodo de gracia
  18

GRACE PERIOD Is the time that the creditor grants the debtor to pay without interest, or without having to pay or repay the debt. So if you ask for a bank loan and it grants a grace period of 3 months it means that you start paying the fourth month, eventually when the investment in a business begins to profit.

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