cooling-off period


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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

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
References in periodicals archive ?
The South Korean official said a "cooling-off period" with Japan was necessary to craft a solution.
Should the cooling off period be implemented, Betsson operational subsidiaries have made and will continue to make certain adjustments to their offering to best handle the impact of the cooling-off period, as well as put themselves into a good position for the licensing process.
Carol C Entering into a contract in your home entitles you to a cooling-off period AIF YOU enter into a contract away from the trader's premises such as in your home, you have a minimum 14 days cooling-off period, within which time you can cancel.
Reflecting on the cooling-off period order, the former judge said it completely makes sense as the new appointments break the continuity in work.
Offers are binding subject to a six-day cooling-off period but if buyers withdraw during this time they pay up to five per cent compensation to the sellers.
Surely I am entitled to a cooling-off period for the order and they have to pay return postage?
If the cooling-off period applies only to contract lobbyists, any group wanting to buy influence in the Legislature could get around it simply by putting a former lawmaker on their normal payroll.
The author of the "revolving door" bill in the Texas House, Fort Worth Republican Charlie Geren, said he stripped out a provision imposing a two-year "cooling-off period" on state lawmakers who want to become registered lobbyists for special interests when they leave office.
The refund may be obtained within three business days commencing from the date of issuance of investment report to the unit holder (cooling-off period).
Laws requiring a cooling-off period also may help fight against some of the negative viewpoints.
You automatically get a 14 day cooling-off period when you buy something you have not seen in person - unless it's bespoke or made to measure.