0 extra time you are given to pay money you owe without losing something or paying an additional amount:
1 extra time you are given to pay money you owe without losing something or paying an additional amount:
This may take the form of an interest rate subsidy or an extended grace period.
Polluters have a 20day grace period to pay the monthly/quarterly levy, after which the required payment increases by 0.1 per cent per day.
There was no such thing as a twenty-minute grace period.
Further, if we analyse the full model for major parties only, the interaction of grace period and time is not significant.
The estimate for the interaction of grace period and time is significant at the 0.05 level, but all other interactions are insignificant.
It is important to note that the addition of grace period to the model has no effect on the estimated coefficients for the other covariates or their significance.
If we remove grace period from the model, and test for the time-dependence of the remaining covariates interacted with time, none of these interactions is significant.
Now comes a new attempt to extend the grace period to eight years for countries where high levels of protection are currently in force.