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cooling-off period

   Also found in: Medical, Legal, Financial, Wikipedia 0.01 sec.
cooling-off period
n
1. a period during which the contending sides to a dispute reconsider their options before taking further action
2. (Law) a statutory period, often 14 days, that begins when a sale contract or life-assurance policy is received by a member of the public, during which the contract or policy can be cancelled without loss
Translations
cooling-off period [ˌkuːlɪŋˈɒfˌpɪərɪəd] N (Ind) → plazo m de negociación (Comm) → plazo m de prueba
cooling-off period
n
(gesetzlich festgelegter) Zeitraum für Schlichtungsverhandlungen (bei Arbeitskämpfen)
(in relationship etc) → Zeit fzur Abkühlung
cooling-off period [ˌkuːlɪŋˈɒfˌpɪərɪəd] n (Industry) → periodo di tregua sindacale


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Closing the fund for a cooling-off period serves two purposes.
It will give consumers a 14-day cooling-off period to pull out of the deals.
If you decide to have the work done or to receive goods within the seven day cooling-off period, you should sign your written agreement to accept.
 
 
 
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