EXPIRATION DATE

1. the date a contract ends or when a product is unsellable and pulled off the shelf. Refer to pull date. 2. the last day an option contract can be used. The US allows use up to the day and the UK allows use only on the last day.If it is not used than it

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EXPIRATION FILE

The note about expiration dates that agents use to keep track of policy dates.

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EXPIRATION MONTH

The month an option expires worthless unless it uses or sells the asset attached to it.

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EXPIRATION NOTICE

A notice given of an upcoming expiration date for insurance.

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EXPIRED

When a contract ends that was active between parties.

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EXPIRED APPROPRIATION

An appropriation where no new contract can be done but is used to settle existing obligations.

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EXPIRED COST

An expense for revenue in a period of time when benefits are also received. If a business gets all benefits from a cost it is an expired cost.

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EXPIRY

Ending term life insurance policy when the coverage period is over.

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EXPIRY OF THE LEGAL

In Scotch law and practice. Expiration of the period withinwhich an adjudication may be redeemed, by paying the debt in the decree ofadjudication. Bell.

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EXPLANATION

Commentary that is made to clear up a subject to make linkages clear in a concept. Refer to definition and description.

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