from The American Heritage® Dictionary of the English Language, 4th Edition
- n.pl. Extra days, usually three, allowed for payment of a note or bill after it has come due.
from the GNU version of the Collaborative International Dictionary of English
- n. See Grace.
- n. the days immediately following the day when a bill or note becomes due, which days are allowed to the debtor or payer to make payment in. In Great Britain and the United States, the days of grace are three, but in some countries more, the usages of merchants being different.
Translation of Latin diēs grātiae : diēs, pl. of diēs, day + grātiae, genitive of grātia, grace.(American Heritage® Dictionary of the English Language, Fourth Edition)