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coolingoff period

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cooling-off period

–noun
a period arranged by agreement to allow for negotiation and an abatement of tension between disputing parties: The law calls for a cooling-off period before a strike can begin.

Origin:
1945–50
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Financial Dictionary

cooling-off period

The required waiting period between the time a firm files a registration statement for a new security issue with the SEC and the time the securities actually can be issued. The cooling-off period is usually 20 days, although the SEC may alter it for individual issues. Also called twenty-day period, waiting period. See also effective date.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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Legal Dictionary

Main Entry: cool·ing–off pe·ri·od
Function: noun
: a period of time (as after a sale or a call to strike) to allow further consideration or negotiation —see also Labor Management Relations Act in the IMPORTANT LAWS section
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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