core + pending (Pending Extension): these terms are pending wider review. Feedback is welcomed!


Defined in the extension.
Canonical URL:

Thing > Property > gracePeriod

The period of time after any due date that the borrower has to fulfil its obligations before a default (failure to pay) is deemed to have occurred.
Values expected to be one of these types
Used on these types



This element is based on the work of the Financial Industry Business Ontology project (see for details), in support of the W3C Financial Industry Business Ontology Community Group ( Many class and property definitions are inspired by or based on

Schema Version 3.3