Definition from Wiktionary, the free dictionary
- To deduce using the practice of cold reading.
- (acting, newsreading) To perform a script without preparation.
- At the audition you will be required to cold read a script.
- Learning to Cold Read (Article heading on acting website) 
- an act of cold reading.
- This is an example of what magicians (and unfortunately phony psychics) call a "cold read".