A monitoring period refers to a specific span of time during which someone or something is observed closely to keep track of its progress, behavior, or performance. Full definition
If at the end of that two minute monitoring period, the price is still at the limit down or limit up, a two minute halt on trading will begin. (links2exchange.net)
Meaning, if the lead month contract hits limit - up or limit - down, a two - minute monitoring period will begin. (crowdfundinsider.com)
If the Department approves the application, you will get a notice stating that your loan is discharged and notices about the three year monitoring period if applicable. (studentloanborrowerassistance.org)