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cooling-off period |
Also found in: Legal, Financial, Wikipedia | 0.01 sec. |
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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 Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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