- Waiting period
:"See also:
waiting period (Six-Day War) "A waiting period is a period of time which one must wait in order for a specific action to occur, after that action is
request ed ormandate d.The term is commonly used in reference to
gun control in theUnited States , where someU.S. state s required a person to wait for a set number of days after buying or reserving afirearm at adealer before actually taking possession of it.Waiting periods are also used for new
insurance , particularlyhealth insurance andflood insurance . Incidents which occur during this time are not claimable. The term may also refer to the time between the making of a claim and the payment of it, also called the elimination period.In
business finance , a waiting period is the time in which a company making anIPO must besilent about it, so as not to inflate the value of thestock artificially. It is also called the quiet period or cooling-off period.Other things possibly subject to waiting periods include
divorce andmerger proceedings, among others.
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