Die Heuning Pot Literature Guide
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Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Cooling-Off Period

Definition:

Hot buyers need chillin' time. Legally, at least 20 days must pass after a company files a registration statement with the SEC to sell stock or bonds. The company can't advertise during that period - when the 20 days have passed and assuming the company (and its underwriters) have behaved themselves, the SEC will issue a "release" so that the securities can be sold to the public

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