cooling-off period

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cooling-off period: A length of time in which the two sides to a purchase agreement, or contract can think things over and cancel with no penalty. This period is often stipulated by national law. In the UK it is currently (2008) 14 days. In many countries it is 10 days
cooling-off period: 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 industrial action
cooling off period: period of time that must pass between retirement from a public position to getting involved with certain private ventures; period of time where striking is not allowed after a quarrel has been declared; period of time that a person needs in order to calm down

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