expiration date

American  

noun

1. the last date that a product, as food, should be used before it is considered spoiled or ineffective, usually specified on the label or package.

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Example Sentences

Puts and calls give the holder the right, but not the obligation, to sell or buy an underlying asset at a set price, before a certain expiration date.

From MarketWatch

The making of good movies, he said, “might have an expiration date. It makes me really, really sad.”

From The Wall Street Journal

These signals last for a maximum of 22 trading days — about a month — so buy S&P 500 options with an expiration date just over a month from now.

From MarketWatch

The further out the expiration date, the higher the premium you had to pay to own that call or put, because the stock had more time to reach the strike price.

From The Wall Street Journal

The new tariff also has an expiration date.

From The Wall Street Journal