This term is proposed for full integration into Schema.org, pending implementation feedback and adoption from applications and websites.
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
This element is based on the work of the Financial Industry Business Ontology project (see http://www.fibo.org/schema for details), in support of the W3C Financial Industry Business Ontology Community Group (http://www.fibo.org/community). Many class and property definitions are inspired by or based on http://www.fibo.org.