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.

---

Example Sentences

The spread strategy—buying one put and selling another with a lower strike price but similar expiration date—balances risk and reward.

From Barron's

In line with the amended offer, Paramount extended the expiration date of the tender offer to Jan. 21.

From Barron's

If they’re too old, they may have hit their expiration date, something that can be found in app settings or manufacturers’ websites.

From The Wall Street Journal

We will choose an expiration date in January in order to encompass the upcoming third part of the seasonal pattern:

From MarketWatch

There is a concentration of “puts”—contracts that pay out if prices drop to a specific level or “strike price” by a certain expiration date—for Bitcoin at $89,000 by Thursday, based on open interest levels on the exchange Deribit.

From Barron's