单词 | cooling-off period |
释义 | cooling-off periodWord forms: plural cooling-off periods countable noun A cooling-off period is an agreed period of time during which two sides with opposing views try to resolve a dispute before taking any serious action. There should be a seven-day cooling-off period between a strike ballot and industrialaction. ...a one-year cooling-off period before couples were granted a divorce. cooling-off period in British Englishnoun 1. a period during which the contending sides to a dispute reconsider their options before taking further action 2. 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 cooling-off period in American English (ˈkulɪŋˌɔf) a period of time during which an action, as a strike or a lockout, or a transaction, as the purchase of a gun, may not be effected or completed so as to allow reconsideration of a decision made in haste, under pressure, or due to tense or hostile circumstances cooling-off period in Insurance (kulɪŋ ɔf pɪəriəd) Word forms: (regular plural) cooling-off periods noun (Insurance: Sales and distribution) A cooling-off period is a set time limit within which policyholders have the right to cancel an insurance policy without any penalty. The consumer must be given the opportunity to withdraw from the concluded contractwithout incurring liability during the cooling-off period. There will be a cooling-off period of fourteen days following the issuance of a new policy to allow a purchaser to cancelthe agreement. A cooling-off period is a set time limit within which policyholders have the right to cancel an insurancepolicy without any penalty. Examples of 'cooling-off period' in a sentence |
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