COOLING-OFF PERIOD


Meaning of COOLING-OFF PERIOD in English

ˌcooling-ˈoff ˌperiod BrE AmE noun [countable]

1 . British English 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 cancel.

2 . a period of time when two people or groups who are arguing about something can go away and think about how to improve the situation

Longman Dictionary of Contemporary English.      Longman - Словарь современного английского языка.