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Dictionary by pitch.dog
Disclosure, materiality & market conduct · Working

Closed period

Also called: dealing blackout

ELI5

A period restricting trading by designated insiders, often around financial results.

Used in conversation

“The draft mentions closed period, but the scope and jurisdiction are still unclear.”

Pitch context

You will see “Closed period” in annual reports, earnings decks, filings and investor presentations when the discussion reaches disclosure, materiality & market conduct.

Why it matters: In disclosure, materiality & market conduct, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Connected terms

When the words have to travel

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Sources & evidence · 5

Direct term-level sources and supporting source families.