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English definition of “breathing space”

breathing space

noun [U or S]     ( US also breathing room)
a period of rest from a busy or difficult situation in order to get your energy back or give you more time to think about what to do next: Troubled companies have a 28-day breathing space in which they can reorganise their affairs.allow/give sb some breathing space The change of date gives the two sides some breathing space to strike a last minute deal.
(Definition of breathing space noun from the Cambridge Business English Dictionary © Cambridge University Press)
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