Cooling-Off Rule

0.01 sec.

Cooling-Off Rule

1. A rule of the SEC mandating that several days transpire between the filing of a new issue's prospectus and the actual offering of the issue. This allows potential buyers and the seller to have a final chance to investigate the new issue and attempt to determine if there are any previously unforeseen problems. The cooling-off period is usually 20 days, but the SEC may change that for individual offerings at its discretion.

2. A clause in many contracts allowing the buyer of a good to return it to the seller in exchange for the amount paid for it for up to three days, without committing breach of contract. The cooling-off rule allows a buyer to restore the status quo before the contract was entered for any reason for a limited period of time. It is also known as buyer's remorse.

Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.

?Page tools

Printer friendly
Cite / link

Feedback
Add definition

Mentioned in	?		References in periodicals archive	?		Financial browser	?		Full browser	?
Cooling-Off Period			Three-Day Cooling-Off Rule THE Federal Trade Commission's Three-Day Cooling-Off Rule gives consumers three days to cancel purchases of $25 or more for a full refund. Consumer assistance by Soldiers Magazine			Convertible Adjustable Preferred Stock Convertible Arbitrage convertible ARM Convertible Bond Convertible Currency Convertible Debenture Convertible Eurobond Convertible Exchangeable Preferred Stock Convertible Floating-Rate note Convertible Hedge Convertible Preferred Stock Convertible Price Convertible Security Convertible Subordinate Note Convertible Term Convex Convexity convey Conveyance Conveyance Tax Cook the Books Cookie Jar Accounting Cooling Degree Day cooling off period Cooling-Off Period Cooling-Off Rule Coop cooperating broker Cooperativa Cooperativa de credito Cooperative cooperative apartment Cooperative Education Coordinate bancarie COP Copayment Copenhagen Stock Exchange Copertura Coppock Curve Copropiedad Copyright Core Bank Core Capital Core Competence Core earnings core factor Core Holding Core Holdings Core Inflation Core Plus core space			cooling table Cooling Technologies Research Center Cooling Technology Institute Cooling Temperature Control Cooling time cooling tower cooling tower cooling tower Cooling Tower Conductivity Controller Cooling Tower Controller II Cooling Tower Institute Cooling Tower Technologies Inc. Cooling Tower Water Supply Cooling towers Cooling towers Cooling Treatments Cooling water Cooling water Cooling Water Gamma Monitor Cooling Water Intake Structure Cooling Water Return Cooling Water Supply Cooling Water Supply System Cooling Water System Cooling, Heating and Power for Buildings cooling-off Cooling-off period Cooling-off period Cooling-off period Cooling-off period Cooling-Off Rule cooling-power anemometer coolish coolish coolish coolish COOLJC COOLLAR coolly coolly coolly coolly coolness coolness coolness coolness coolometer Cooloola Dressage Association Inc. Cooloola Human Services Network cools cools cools cools cools cools heels cools heels cools heels cools out cools out cools out CoolTalk

Financial Dictionary

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup

Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.