cooling-off period

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Cooling-Off Period

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.

cooling-off period

a time during which a person can withdraw from a binding contract without any serious penalty. A cooling-off period is not normally available. Such provisions can be found in relation to CANCELLATION of consumer credit contracts, TIMESHARE contracts and DISTANCE SELLING contracts among others.
References in periodicals archive ?
The researchers went back through 45 years of data to explore the differences in gun deaths and see how mandatory waiting periods affected those numbers.
However, there is currently no federal waiting period beyond the three days typically required for background checks, and only a handful of states plus the District of Columbia have their own waiting periods.
DISEASE- SPECIFIC WAITING PERIOD Apart from waiting periods for pre- existing illnesses, there could also be waiting periods for specific diseases.
Scott's signature came less than a week after Tennessee Governor Bill Haslam added his signature to long-sought pro-life policies, including informed consent provisions for women and girls considering abortion, a 48-hour waiting period, and a requirement that abortion facilities in the state be inspected and licensed.
White's House Bill 1648, which came before the committee, would make it a crime to coerce or force women to have abortions, and create a 72-hour waiting period for women who indicate they are being coerced or forced.
To ensure that eligibility conditions based solely on the passage of time are not used to evade the waiting period limit, the regulations say such conditions also cannot exceed 90 days.
Waiting periods on these models extend all the way from a few weeks to nearly a year, and despite being a sign
Waiting periods / Length Waiting periods for timely
In May, Taiwan's legislative branch was pressured to revise its Genetic Health Law to require a six-day waiting period, rather than three days, before an abortion.
The CDC panel reviewed 51 published studies examining the effectiveness of eight types of gun-control laws including bans on specific types of guns and ammunition, gun registration, waiting periods, and measures intended to prevent felons from obtaining guns.
Survey results: Waiting periods ranged from 1 to 12 months; 58% required employees to wait 12 months.
Bill Strassberger, spokesman for the INS regional office in Laguna Niguel, said the fees would be tied to service improvements, such as reduction in waiting periods.