Good people say it (5)

I believe the answer is:

grace

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'it' is the definition.
The definition suggests a singular noun which matches the answer.

'good people' is the wordplay.
'good' becomes 'g' (abbreviation).
'people' becomes 'race' (people can mean a national group or race).
'g'+'race'='GRACE'

'say' acts as a link.

Can you help me to learn more?

(Other definitions for grace that I've seen before include "A girl" , "Poise" , "W.G. ---, cricketer" , "Famous cricketer" , "observed before lunch?" .)

I've seen this clue in the Evening Standard.

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