"Cool Off" - What does it really mean?

Picture from the movie "The Break Up"

my friend called me today saying na nakipag cool off daw boyfriend nya, and he wants to go out and meets guys sa malate.

I told him, "what? diba cool off lang kayo? bakit ka lalandi?"

He said, "tanga ka ba? cool off nga eh!!"

I sat down thinking, What does "COOL OFF" really mean?
i searched the world wide web hoping to find an answer.. i got a dictionary meaning of the phrase:

Cool Off - feel less enamoured of something or somebody

i paused. less enamoured; meaning less affection, but still, love is there, kahit na degrade yung intensity.

so sabi ko, hindi talaga sya similar to breakin up. right? im not really sure..
actually i have my own conception about "cool off"

when you say cool off, you and your partner spent some time contemplating your emotions/actions. kung may problem kayo, you contemplate and analyze the situation.
you don't really flirt, kasi you still love the person, you just spend some time alone para magisip.
then you guys talk again and decide kung ano na situation ng relationship. if mas ok na hiwalay kayo, THEN yun dun na kayo mag break.
if you guys think na love is stronger, then you go back to "the normal state" of your relationship

for me, yan ang cool off.

kayo? can you share your ideas? what does the term "Cool Off" mean to you? Para sayo ano ba meaning ng cool off?