cooling-off period


noun

a period arranged by agreement to allow for negotiation and an abatement of tension between disputing parties: The law calls for a cooling-off period before a strike can begin.

Origin of cooling-off period

First recorded in 1945–50
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

British Dictionary definitions for cooling-off period

cooling-off period

noun

a period during which the contending sides to a dispute reconsider their options before taking further action
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

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