Definition

The death date printed on products, contracts, and opportunities, after which they transform from valuable to worthless faster than you can say 'statute of limitations.' In business, it's the deadline that separates the procrastinators from the unemployed. That milk carton date that everyone ignores? That's expiry's less serious cousin.

Example Usage

The stock options had an expiry date of December 31st, which Tom only noticed on January 2nd while cleaning his desk.

Source: Common business and legal terminology

Related Terms

Beginner

bottleneck

The frustrating chokepoint in any process where everything slows to a maddening crawl because one step can't keep up with the rest. Like that one coworker who takes three days to approve something everyone else finished in an hour, bottlenecks are where productivity goes to die. Identifying and eliminating bottlenecks is a favorite pastime of efficiency consultants who charge outrageous fees to point out the obvious.

💼 Corporate / Business
Intermediate

realigned

What happens when the first alignment didn't work out, requiring a strategic do-over. Whether it's organizational restructuring, shifting company priorities, or admitting the original plan was garbage, realignment is corporate-speak for 'we need to try this again.' It's alignment's second chance at making everything work together.

💼 Corporate / Business
Intermediate

outsource

The corporate strategy of paying someone else to do work your employees could do, theoretically saving money while definitely creating communication nightmares. This business practice involves transferring jobs to external providers, usually overseas, then spending the "savings" on conference calls across seventeen time zones. It's how companies reduce costs on paper while increasing complexity in reality.

💼 Corporate / Business
Beginner

consultant

A professional expert hired at exorbitant rates to tell organizations what their own employees already knew but couldn't get anyone to listen to. These specialized advisors swoop in with PowerPoint presentations and industry buzzwords, offering solutions that range from genuinely insightful to 'have you tried turning it off and on again?' The business world's favorite expensive band-aid for avoiding internal accountability.

💼 Corporate / Business
Advanced

corporate veil

The legal separation between a corporation and its owners that protects personal assets from business liabilities. That thin fabric preventing your CEO's yacht from being seized when the company tanks.

💼 Corporate / Business
Intermediate

estimator

In business, the person whose job is to predict how much something will cost, usually by combining experience, educated guessing, and prayer. In statistics, it's a mathematical function used to approximate population parameters from sample data, which sounds fancy but is basically sophisticated guessing with formulas. Either way, they're professionally calculating things that are inherently uncertain.

💼 Corporate / Business

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