expiration

Definition

The cruel date stamped on everything from contracts to dairy products, signaling the moment something transitions from valuable to worthless. In business, it's the deadline that turns your stock options into pumpkins, your insurance into nothing, or your promotional offer into a source of customer rage. Also the medical term for breathing out, though corporate life often makes you forget to do that too.

Example Usage

The expiration of his NDA was marked on his calendar with more excitement than his own birthday.

Source: Common terminology

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