The term 'Puts On Ice' can be interpreted in three different ways. The first is 'Cools, ' which means to reduce the temperature of something. The second is 'Defers, ' which means to delay or postpone an action. The third is 'CHILLS, ' which means to make something cold or to cause a feeling of unease. All three terms can be used to describe the act of putting something on ice, which is to store it in a cool place for a period of time.