Expiry
/ɪkˈspaɪəri/
Definitions
- (n.) The termination or end of the validity period of a legal document, contract, or right.
The lease agreement will come into expiry on December 31st.
Related terms
See also
Commentary
Use 'expiry' to denote the predefined end point of validity, distinct from termination by breach or mutual consent.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.