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TeachMeFinance.com - explain Waiting Period Waiting Period The term 'Waiting Period' as it applies to the area of flooding can be defined as 'The time between the date of application and the policy effective date'. Previous 5 Terms: VWP W WAA WACOG Wafer Next 5 Terms: Waiting Period Wake Walker cell Walk-in refrigeration units walking dragline About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.