cure period(A provision in a contract allowing a defaulting party to fix the cause of a default, for example a repayment grace period. Use cure period in a sentence: " You should try and make sure that you do all you can to make things right if you are in the cure period. " " The cure period was pretty cool to read about and my friend tested me to see if I was really an expert on it. " " The cure period was extending on and it was desirable for Winston to have a way to still salvage the situation after he ran into trouble with the debt. " investorwords.comAlexander Demidov)
