GLOSSARY
OF TERMS - page G
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Grace Period
Credit Card
The period of time between the statement date and the payment
due date in which no interest is charged if the balance due
is paid in full and on time.
Guardian
An individual or a trust institution appointed by a court
to care for the property or the person (or both) of a minor
or a person who is adjudged incapable of handling his or her
own affairs. In some states the term committee, conservator,
curator, or tutor is used to designate one who performs substantially
the same duties as a guardian.
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