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Definition of cooling-off period noun from the Oxford Advanced Learner's Dictionary

cooling-off period

noun
 
/ˌkuːlɪŋ ˈɒf pɪəriəd/
 
/ˌkuːlɪŋ ˈɔːf pɪriəd/
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  1. a period of time during which two sides that disagree try to reach an agreement before taking further action, for example by going on strikeTopics Discussion and agreementc2
  2. a period of time after somebody has agreed to buy something, such as an insurance plan, during which they can change their mind
    • Customers signing new life policies will have a longer cooling-off period of 14 days.
    • The customer has the right to cancel the contract during the seven-day cooling-off period.
    Topics Moneyc2
See cooling-off period in the Oxford Advanced American Dictionary
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trait
noun
 
 
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