Grace

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Related to gracing: in favor of, for the most part, set out

GRACE. That which a person is not entitled to by law, but which is extended to him as a favor; a pardon, for example, is an act of grace. There are- certain days allowed to a payer of a promissory note or bill of exchange, beyond the time which appears on its face, which are called days of grace. (q. v.)

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.