Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “cooling-off period”

See all translations

cooling-off period

noun [C]
 
 
COMMERCE a period of time during which you can change your mind about an agreement that you have made or something that you have decided to buy: Once you have bought an annuity, you cannot change your mind after the 14-day cooling-off period.
HR, WORKPLACE a period of time in which two groups who are arguing, for example employers and employees, can try to improve the situation before taking further action such as going on strike: By law, the mediation board must declare a 30-day cooling-off period.
(Definition of cooling-off period from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of cooling-off period?
Add Cambridge dictionaries to your browser to your website

Definitions of “cooling-off period” in other dictionaries

Word of the Day

lamb

a young sheep, or the flesh of a young sheep eaten as meat

Word of the Day

The way we move (Verbs for walking and running)

by Kate Woodford,
March 25, 2015
​​​ This week we’re looking at interesting ways to describe the way that people move. Most of the verbs that we’ll be considering describe how fast or slow people move. Others describe the attitude or state of mind of the person walking or running. Some describe both. Starting with verbs for walking slowly,

Read More 

stackin’ p

March 30, 2015
idiom slang earning a lot of money ‘That’s a very generous present.”Yeah, well, she’s stackin’ p, innit?’

Read More