Meaning Of The Word Cooling-off period

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  2. C Words Definitions
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Cooling-off period Meaning

Cooling-off period Definition
Cooling-off period Definition

What's The Definition Of Cooling-off period?

cooling-off period
countable noun: 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.

cooling-off period in British English
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 circumst
noun: a period arranged by agreement to allow for negotiation and an abatement of tension between disputing parties
noun: a period during which the contending sides to a dispute reconsider their options before taking further action

cooling-off period in Insurance
noun: A cooling-off period is a set time limit within which policyholders have the right to cancel an insurance policy without any penalty.

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