Used when timing is key for success and you strategically wait to take action. The team decided to hang fire on the merger deal, sensing better terms could be negotiated later.
Pro Tip 2/3
Uncertainty Caution
Applied when future conditions are uncertain and rash decisions might lead to problems. With the market so volatile, we'll hang fire on any large investments.
Pro Tip 3/3
Awaiting Development
Indicates a decision to delay action until further developments occur. They chose to hang fire on the project, expecting new regulations to come soon.