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WordReference Random House Unabridged Dictionary of American English © 2024wait′ing pe′riod, - Lawa specified delay, required by law, between officially stating an intention and acting on it, as between securing a marriage license and getting married.
- Business[Insurance.]the required delay between the date of inception of a claim and the date on which the indemnity becomes payable, as in workmen's compensation insurance or unemployment insurance.
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