adjective Date: 1926 designed to allow passions to cool or to permit negotiation between parties <
a cooling-off period

New Collegiate Dictionary. 2001.

Look at other dictionaries:

  • cooling-off — adjective : designed to allow intemperate feeling to abate and to permit negotiation between contestants (as between a call to strike and its taking effect or as between the start of a dispute between nations and their resorting to force) a… …   Useful english dictionary

  • cooling-off — noun Cooling off is used before these nouns: ↑period …   Collocations dictionary

  • cooling-off period — a time during which a person can withdraw from a binding contract without any serious penalty. A cooling off period is not normally available. It applies in terms of the Consumer Credit Act 1974 where contracts such as hire purchase contracts are …   Law dictionary

  • cooling-off period — cooling off periods N COUNT 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. There should be a seven day cooling off period between a strike… …   English dictionary

  • cooling-off rule — A rule that allows you to cancel a contract within a specified time period (typically three days) after signing it. Federal cooling off rules apply this three day grace period to sales made anywhere other than a seller s normal place of business …   Law dictionary

  • Cooling-off period — may refer to: Period of time after a purchase during which the purchaser has the right to return goods for a refund, or to cancel a contract without penalty (see buyer s remorse) Waiting period, the time which a company making an IPO must be… …   Wikipedia

  • cooling-off period — cooling off .period n 1.) BrE a period of time after you have signed some types of sales agreement, when you can change your mind about buying something ▪ Customers signing new life policies will have a cooling off period of 14 days in which to… …   Dictionary of contemporary English

  • cooling–off period — cool·ing–off pe·ri·od n: a period of time (as after a sale or a call to strike) to allow further consideration or negotiation see also labor management relations act in the important laws section Merriam Webster’s Dictionary of Law. Merriam… …   Law dictionary

  • cooling-off period — ► NOUN 1) an interval during which the parties in a dispute can try to settle their differences before taking further action. 2) an interval after a sale contract is agreed during which the purchaser can decide to cancel without loss …   English terms dictionary

  • cooling-off period — [ko͞ol′iŋ ôf΄] n. 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… …   English World dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”