cooling-off period

  • 1cooling-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

  • 2cooling-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

  • 3Cooling-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

  • 4cooling-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

  • 5cooling–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

  • 6cooling-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

  • 7cooling-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

  • 8cooling-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

  • 9cooling-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

  • 10cooling-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