expiries
Expiries, in general terms, refer to the end of a product’s or document’s period of validity. The word is commonly used to describe the dates after which certain items may no longer be considered safe, effective, or legally enforceable. The concept appears in consumer goods, healthcare, finance, and law, among other areas, and its specifics vary by context and jurisdiction.
In consumer goods, expiries are most visible on packaging. Two related concepts often appear: use-by dates and
In pharmaceuticals, the expiry date marks the last day the manufacturer guarantees full potency and safety,
In finance, law, and digital services, expiries denote the ending of a contract, option, license, or subscription.
Expiries are routinely managed through inventory control methods such as first-expire-first-out (FEFO) to minimize waste and