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English definition of “quiet period”

quiet period

noun [S]     STOCK MARKET
a period of time when a company is first starting to sell shares during which it is not allowed to say anything publicly about the deal : The company ran into controversy when a magazine released an interview with the co-founders during a strict " quiet period " ahead of the company's flotation .
(Definition of quiet period noun from the Cambridge Business English Dictionary © Cambridge University Press)
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