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Meaning of “expiry” in the English Dictionary

"expiry" in British English

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expirynoun [U]

uk   /ɪkˈspaɪə.ri/  us   /ɪkˈspaɪr.i/ UK (US expiration, us   /ˌek.spəˈreɪ.ʃən/ uk   )
the ​situation in which something which ​lasts for a ​fixedlength of ​time comes to an end or ​stops being in use: the expiry of a ​lease/​visa What is the expiry date of ​yourcreditcard? (= What is the last ​date on which it can be used?)
(Definition of expiry from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"expiry" in Business English

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expirynoun [U]

uk   us   /ɪkˈspaɪəri/ UK ( US expiration)
the end of an ​agreement or a ​document after a ​fixed length of ​time: the expiry of sth The ​restrictions must ​apply for not more than two ​years beyond the expiry of any relevant ​employmentcontract. patent/​contract/​lease expiry
FINANCE, STOCK MARKET the end of the ​period of ​time during which an option (= the ​right to ​buy or ​sell particular ​shares) can be exercised (= used): Friday sees the expiry of the March ​optionsseries. a futures/​options expiry
(Definition of expiry from the Cambridge Business English Dictionary © Cambridge University Press)
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“expiry” in Business English

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