expiration


Also found in: Dictionary, Thesaurus, Medical, Legal, Acronyms, Encyclopedia, Wikipedia.

Expiration

The time an option contract lapses.

Expiration Date

The date by which an option contract is abandoned and becomes worthless unless it is exercised. In an option contract, the holder has the right, but not the obligation, to buy or sell (depending on the type of option) the underlying asset within a certain period of time. The expiration date is the time at which the holder will lose the right to exercise the option. A European option can only be exercised on the expiration date, while an American option can be exercised at any point prior to the expiration date.

expiration

The relinquishment of the rights of an options contract by permitting the contract to terminate on the expiration date. Also called abandonment.
References in periodicals archive ?
Wenatchee License number: LEGENMC870DJ Expiration date: March II, 2015
Given limited benefits to listing serial expiration dates, the question becomes whether single stock futures trading will migrate to the more liquid contracts.
Researchers used a digital stopwatch to measure each patient's breath expiration time during fluoroscopic positioning.
Our primary objective is to analyze the impact that option expiration has on non-expiring options.
Wenatchee License number: INDUSEI911PF Expiration date: Sept.
00 ACPE#: 372-000-04-004-H01 Expiration date: 07/23/2007 Supported by Lifestream
Custom Design Owner: Deborah Lee Tischer Address: 112 Eldorado Way, Chelan License number: CUSTOD*918L3 Expiration date: June 23, 2011
Box 1516, Chelan License number: ECOPREL911CK Expiration date: Feb.
Other than the changes to the respective expiration dates, the terms and conditions of each of the warrants remain unchanged in all respects.
Box 3062, Wenatchee License number: BUDGEBN924LT Expiration date: June 30, 2010
The purchase price for Notes that are validly tendered after the Consent Payment Deadline but on or prior to the Expiration Date will be equal to $1,000.
Hiller Address: 967 Briarwood Drive, East Wenatchee License number: DBHILCI933RS Expiration date: Dec.