Test incompl/advan-578, Question 1

[Ilshat]

English Language Proficiency Tests, Advanced Level

ESL/EFL Test #578 "Real Life: Banking (3)", question 1

A period of ......... is an additional time period granted by a lender that gives the borrower more time to make a regular payment on a loan without incurring any penalties.

(a) grace
(b) credit
(c) lending
(d) loan

English Language Proficiency Tests, Advanced Level

ESL/EFL Test #578 "Real Life: Banking (3)", answer 1

A period of grace is an additional time period granted by a lender that gives the borrower more time to make a regular payment on a loan without incurring any penalties.

Correct answer: (a) grace
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Is lending suitable here? Thanks a lot.

[Mister Micawber]

No. 'A period of lending' is not an appropriate phrase.
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Native English teacher at Mister Micawber's