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expiry vs. expiration

[ ik-spahyuhr-ee, ek-spuh-ree ]
  1. expiration of breath.
  2. an end or termination, as of life or a contract.
[ ek-spuh-rey-shuhn ]
  1. a coming to an end; termination; close: the expiration of a contract.
  2. the act of expiring, or breathing out; emission of air from the lungs.
  3. death.

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