Blackout Period definition explanation
What is Blackout Period?
1. A term that refers to a temporary period in which access is limited or denied.
2. A period of around 60 days during which employees of a company with a retirement or investment plan cannot modify their plans. Notice must be given to employees in advance of a pending blackout. Read more for examples and further explanation including related video clips and also comments
Example explains Blackout Period
1. This term is often in regards to contracts, policies and business activities. For example, when a political party is unable to advertise for a set amount of time before an election.
2. In a firm, a blackout period may happen because a plan is being restructured or altered, for example, if a pension fund is shifting from one fund manager to another at a different bank.
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