expiration date
Definition 1
The date on which an option, right or warrant expires, and becomes worthless if not exercised. For stock options, this is the third Saturday of the month in which the contract expires, or the third Thursday of the month if the third Friday is a holiday.
Definition 2
The date on which an agreement is no longer in effect.
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Related Terms
nearby month, perpetual
'expiration date
' appears in the definitions of these terms on BusinessDictionary.com firm order, firm quotation, lapse of offer, longterm equity anticipation security (LEAPS), closing date, and 
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