Dictionary![]() ![]() wait'ing pe"riod1. a specified delay, required by law, between officially stating an intention and acting on it, as between securing a marriage license and getting married. 2. 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. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
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