单词 | expiry |
释义 | expiry expiry // (especially BrE) (AmE usually expiration) noun [U,C]
1 an ending of the period of time when an official document can be used, or when an agreement or contract is valid: The licence can be renewed on expiry. The company has battled with a series of patent expiries this year.
2 (Finance ) the end of the period of time when an option can be used or a futures contract is valid: The oil futures contract reached $30 a barrel before its expiry at the end of the day. The expiry of so many options and futures on one day can lead to wild swings in prices. |
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