cooling-off period

noun

Definition of 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.

Word by Word Definitions

cooling-off play
  1. : designed to allow passions to cool or to permit negotiation between parties

period play
  1. : the completion of a cycle, a series of events, or a single action : conclusion

  2. : an utterance from one full stop to another : sentence

  3. : a well-proportioned sentence of several clauses

  1. : of, relating to, or representing a particular historical period


Law Dictionary

cooling-off period

noun cool·ing-off pe·ri·od

legal Definition of cooling-off period

: 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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