The Law Dictionary

GRACE PERIOD

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

Usually used with regard to credit card bills, it is a time when a debtor is not required to make payments on a debt nor accrue interest. Most credit cards allow a 20-30 day grace period from the billing date from which no interest charges are accrued and the debt may be paid in full. Cash advances have no grace period and interest accrues from the withdrawal date. … [Read more...]

GOOD CONSIDERATION

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

contracts. A good consideration is one which flows from kindred or natural love and affection alone, and is not of a pecuniary nature. … [Read more...]

GORE

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

In old English law, a small, narrow slip of ground. Cowell. In modern land law, a small triangular piece of land, such as may be left between surveys which do not close. In some of the New England states (as, Maine and Vermont) the term is applied to a subdivision of a county, having a scanty population and for that reason not organized as a town. … [Read more...]

GRADATIM

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

In old English law. By degrees or steps; step by step; from one degree to another. Bract fol. 64. … [Read more...]

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