Cooling-Off Period

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An interval of time during which no action of a specific type can be taken by either side in a dispute. An automatic delay in certain jurisdictions, apart from ordinary court delays, between the time when Divorce papers are filed and the divorce hearing takes place. An amount of time within which a buyer is permitted to cancel a contract for the purchase of consumer goods—designed to effect Consumer Protection. A number of states require that a three-day cancellation period must be allowed purchasers following door-to-door sales.

A cooling-off period is frequently used in labor disputes. There might, for example, be a period of one month following the filing of a grievance by a union or company against the other, during which neither the union nor the company is allowed to take retaliatory actions against each other.

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? References in periodicals archive
partner rotation, cooling-off period, non-audit services restrictions) to all entities of significant public interest. IFAC issues proposal to revise independence standards; CPAs ... by CPA Letter Gift card revenue isn't realized until the cards are cashed in, so that diminish the holiday sales figures, but help some stores during the January and February cooling-off period. Deck the malls: retailers cheery over prospects for holidays by York, Emily Bryson / Los Angeles Business Journal Ultimately, the best way to keep Iraq together is to give each community a cooling-off period in its own region. Should Iraq be split up in order to save it? Violence between Sunnis ... by New York Times Upfront More results

References in periodicals archive

partner rotation, cooling-off period, non-audit services restrictions) to all entities of significant public interest.

IFAC issues proposal to revise independence standards; CPAs ... by CPA Letter

Gift card revenue isn't realized until the cards are cashed in, so that diminish the holiday sales figures, but help some stores during the January and February cooling-off period.

Deck the malls: retailers cheery over prospects for holidays by York, Emily Bryson / Los Angeles Business Journal

Ultimately, the best way to keep Iraq together is to give each community a cooling-off period in its own region.

Should Iraq be split up in order to save it? Violence between Sunnis ... by New York Times Upfront

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