Yes. It is the past tense and past participle of to expire, and applies to thing that have expired (licenses, sales, and even people, where it is a euphemism for died).
Euphemism for old.
It is a euphemism for "Good God!"
eu = good
It is a euphemism for pregnancy.
It is a euphemism for the word damn.
Inoperative statements is a euphemism for lies.
"Used" or "second-hand".
Euphemism for Anal Sex
It is a euphemism for the viewing room in a funeral home.
It's a euphemism for 'By God' and it not from Irish Gaelic.
It is a euphemism for firing a person from a job.