expiration

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(ĕk'spə-rā'shən) pronunciation
n.
  1. The act of coming to a close; termination: the expiration of a contract.
  2. The act of breathing out; exhalation.
  3. Archaic. Death.



Banking: date on which a contract or agreement ceases to be effective.


Options trading: last day on which an option can be exercised. If it is not, traders say that the option expired worthless.

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n

Definition: finish, demise
Antonyms: beginning, birth, commencement, inception, start

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expiratory standstill (physiology)
exp. (abbreviation)