Start your free trial today and get unlimited access to America`s largest dictionary with: “Act of Grace.” Merriam-Webster.com Dictionary, Merriam-Webster, www.merriam-webster.com/dictionary/act%20of%20grace. Retrieved 10 October 2022. This word is often used as opposed to “right”. Thus, in St. 22 Edw. III, the Lord Chancellor was instructed to take note of questions of clemency, since they were matters which were exclusively matters of fairness. Brown.A faculty, license or dispensation; Also general and free pardon by the Act of Parliament. See ACT OF GRACE. A clause applied to a permission or license granted to a party in legal proceedings, which cannot be taken for granted or by operation of law, but which is permitted by the favour or indulgence of the court. See Walters v. McElroy, 151 Pa.
540, 25 Atl. 125. You must – there are over 200,000 words in our free online dictionary, but you`re looking for one that`s unique to the full Merriam-Webster dictionary. n. a period specified in a contract during which a delay in payment or performance may be made without penalty. Often, at the end of the grace period, without payment or performance by the person who has to pay, the contract is suspended. Example: If a person does not pay their insurance payment (premium) within the specified time, they usually have to pay extra days a few days before the absolute deadline expires. If the person does not pay by then, the insurance company terminates the contract, i.e. your insurance. Supported by Black`s Law Dictionary, Free 2nd ed., and The Law Dictionary.