Definition, Meaning & Synonyms
waiting period
noun
/ˈweɪtɪŋ ˈpɪriəd/
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Definition
A waiting period is a specified amount of time that must pass before certain actions can take place or before benefits can be received.
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Examples
- After applying for the insurance, there is a six-month waiting period before the benefits activate.
- The waiting period for the new job’s benefits is 90 days.
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Meaning
It refers to the duration that one must wait before something can happen, typically associated with insurance policies, employment benefits, or medical treatments.
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Synonyms
- delay
- deferral
- standby