ALL meanings of cooling-off period
cooling-off period
C c - countable noun cooling-off period A cooling-off period is an agreed period of time during which two sides with opposing views try to resolve a dispute before taking any serious action. 3
- noun cooling-off period a period during which the contending sides to a dispute reconsider their options before taking further action 3
- noun cooling-off period a statutory period, often 14 days, that begins when a sale contract or life-assurance policy is received by a member of the public, during which the contract or policy can be cancelled without loss 3
- noun cooling-off period a period of time during which an action, as a strike or a lockout, or a transaction, as the purchase of a gun, may not be effected or completed so as to allow reconsideration of a decision made in haste, under pressure, or due to tense or hostile circumstances 3
- noun cooling-off period A cooling-off period is a set time limit within which policyholders have the right to cancel an insurance policy without any penalty. 3
- noun cooling-off period period in which one can cancel a purchase 1
- noun cooling-off period a period arranged by agreement to allow for negotiation and an abatement of tension between disputing parties: The law calls for a cooling-off period before a strike can begin. 1
- noun cooling-off period A length of time in which the two sides to a purchase agreement, or contract can think things over and cancel with no penalty. This period is often stipulated by national law. In the UK it is currently (2008) 14 days. In many countries it is 10 days. 0