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The Collaborative International Dictionary of English v.0.48:

off-peak \off-peak\ adj.
   Having less than maximal use or demand or activity; -- of a
   period of time occurring as a defined part of a time cycle;
   as, off-peak telepone rates are available at night and on
   weekends; off-peak fares. [Narrower terms: off-season ]
   {peak
   [WordNet 1.5 +PJC]