Definitions for "Cooling Off Period"
The length of time during which a customer can choose whether or not to proceed with a particular investment decision. Of particular relevance to the unsolicited calls made with respect to callable services where there is a seven day cooling off period.
If you are not happy about your choice of savings or investment account(s), (except for a fixed rate account) within 14 days of opening it, a choice is given either to close with the account interest or switch the funds to another available account. Notice periods and additional charges will be ignored.
The 14 days a new policyholder has during which they can cancel an insurance/assurance policy.
The interval between the filing of a preliminary prospectus with the Securities Exchange Commission and the offering of the securities to the public. See also registration.
Keywords:  deal, solution, cars, problems, selling
a practical solution to deal with some of the problems that arise with high pressure selling of cars
Keywords:  consumer, acts, credit, see
See Consumer Credit Acts.