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Expunge
(redirected from expunction)

   Also found in: Dictionary/thesaurus, Legal, Wikipedia 0.01 sec.
Expunge
Used in the context of general equities. Remove any trace of an Auto indication's existence at any time. See: Cancel.

Expunge
On AUTEX, to cancel an order such that it leaves no record either on the electronic board or in the historical archives of the board. A straight cancellation leaves a record in the archives of AUTEX, which may not be desirable for some traders who do not wish other traders to know that they were once interested in a certain transaction. Expunging the order removes this risk. See also: Cancel.


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Preclusion to Expunction This type of requirement seems to defeat the purpose of PTI.
Arrest records, including online postings, may be removed through what is known as expunction.
But it falls somewhat short as well: unlike outcome-based record disclosure, expunction after the fact does not automatically clear a tenant's name.
 
 
 
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