Cooling-off-period meaning

kuliŋôf
A period of time for the cooling of anger, tension, etc., as to allow for negotiation or reconciliation.
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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.
noun
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