cooling-off period


: a period of time that must pass before someone can do something or before an agreement becomes final
The law requires a cooling-off period between the time a gun is purchased and when it may be possessed.
The workers have agreed to a 30-day cooling-off period before they strike.
Once you sign the contract, you have a 14-day cooling-off period within which to change your mind.

Examples of cooling-off period in a Sentence

Recent Examples on the Web In December, the SEC updated Rule 10b5-1, adding stricter requirements such as a cooling-off period of at least 90 days after a plan is adopted or modified. Dave Michaels, WSJ, 1 Mar. 2023

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'cooling-off period.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Dictionary Entries Near cooling-off period

Cite this Entry

“Cooling-off period.” Dictionary, Merriam-Webster, Accessed 10 Dec. 2023.

Legal Definition

cooling-off period

cool·​ing-off pe·​ri·​od
: 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
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