cooling off period

cooling off period
period of time that must pass between retirement from a public position to getting involved with certain private ventures; period of time where striking is not allowed after a quarrel has been declared; period of time that a person needs in order to calm down

English contemporary dictionary. 2014.

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  • 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 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 — [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

  • 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 — The period of time between the filing of a preliminary prospectus with the Securities and Exchange Commission and the actual public offering of the securities. Bloomberg Financial Dictionary The length of time during which a customer can choose… …   Financial and business terms

  • cooling-off period — UK [ˌkuːlɪŋ ˈɒf ˌpɪərɪəd] / US [ˌkulɪŋ ˈɔf ˌpɪrɪəd] noun [countable] Word forms cooling off period : singular cooling off period plural cooling off periods 1) a pause in an argument, especially one between a company s management and employees,… …   English dictionary

  • cooling-off period — /ˌku:lɪŋ ˌɒf ˌpi:riəd/ noun 1. during an industrial dispute, a period when negotiations have to be carried on and no action can be taken by either side 2. a period when a person is allowed to think about something which they have agreed to buy on …   Marketing dictionary in english

  • cooling-off period — noun (C) 1 a period of time when two people or groups who are arguing about something can go away and think about how to improve the situation 2 a period of time after you have signed some types of sales agreement, when you can change your mind… …   Longman dictionary of contemporary English