Close period,

Definition of Close period:

1. The closing (or closing) deadline is the time between the public closing of a company's financial results and the disclosure of those results to the public. The closing period is generally considered to be a period of one month before the publication of the quarterly results of the company and two months before the publication of its annual results.

2. The period of time between the completion of the balance sheet and the announcement of the results to the public by the company. This period is usually two months before the announcement, during which time insiders cannot repeat or report the company's actions.

3. End times are different from inactive periods, when companies ban public advertising before going public.

How to use Close period in a sentence?

1. From time to time, insiders are prohibited from trading in company shares or disclosing relevant information unless they make an official announcement.
2. This period usually lasts one month before the quarterly or interim report and two months before the annual report.
3. The accounting closing period is the time required to close the company's finances and then make these financial statements public.