What is CLOSE PERIOD?

The finalizing balance sheet and the firm’s announcement of results to the public is this time period. The time period is typically two months preceding an announcement. Insiders are not allowed to repeat or report the firm’s shares during this period.

More On This Topic



Link to This Definition
Did you find this definition of CLOSE PERIOD helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary