expire

expire
Situation in which the expiration date for an option passes without the option being exercised or offset. Chicago Mercantile Exchange Glossary

* * *

expire ex‧pire [ɪkˈspaɪə ǁ -ˈspaɪr] verb [intransitive]
1. LAW if an official document such as a contract, agreement, or licence expires, the period of time during which it can be used ends:

• If your Program disk proves defective after the warranty expires, you will end up paying a fee of £200 to replace it.

• The existing lease expires at the end of this year.

2. if a period of time expires, it comes to an end:

• The Panel will not take any action until the appeal period of two business days has expired.

• If you cannot complete the work on time, then you should contact the client before the deadline expires.

3. FINANCE if an option (= the right to buy a particular amount of shares, currency etc in the future) expires, it can no longer be Exercised (= it is no longer possible to buy the shares, currency etc that it relates to):

• When the October options expire, the clearing house for the market will create a new series of options for July expiry.

* * *

expire UK US /ɪkˈspaɪər/ verb [I]
► to come to an end after a fixed length of time: »

a contract/lease/licence expires

 »

This offer expires on 31 March 2012.

 set/scheduled/due to expire »

The warranty period is due to expire at the end of November.

 »

Under current law, the state's earned-income tax credit would expire after this year.

► FINANCE, STOCK MARKET if an option (= the right to buy or sell particular shares) expires, it can no longer be exercised (= used): »

The investment options expire on February 5.


Financial and business terms. 2012.

Игры ⚽ Нужно сделать НИР?
Synonyms:
, / , / , , , , ,


Look at other dictionaries:

  • expiré — expiré, ée (èk spi ré, rée) part. passé. 1°   Expulsé du poumon. De l air expiré. 2°   Mort. •   S il paraît quelque mieux dans l état du malade.... dès qu il est expiré, la douleur éclate par les cris et les sanglots, BOSSUET Pensées chrét. 38.… …   Dictionnaire de la Langue Française d'Émile Littré

  • Expire — Ex*pire , v. t. [imp. & p. p. {Expired}; p. pr & vb. n. {Expiring}.] [L. expirare, exspirare, expiratum, exspiratum; ex out + spirare to breathe: cf. F. expirer. See {Spirit}.] 1. To breathe out; to emit from the lungs; to throw out from the… …   The Collaborative International Dictionary of English

  • Expire — Ex*pire , v. i. 1. To emit the breath. [1913 Webster] 2. To emit the last breath; to breathe out the life; to die; as, to expire calmly; to expire in agony. [1913 Webster] 3. To come to an end; to cease; to terminate; to perish; to become… …   The Collaborative International Dictionary of English

  • expiré — ⇒EXPIRÉ, ÉE, part. passé et adj. I. Part. passé de expirer. II. Emploi adj. [Correspond à expirer B] A. [Le déterminé désigne un animé] Rare, littér. Qui a rendu son dernier soupir, qui a cessé d être. Mes amis expirés. Synon. décédé, mort; anton …   Encyclopédie Universelle

  • expire — c.1400, to die, from M.Fr. expirer (12c.) expire, elapse, from L. expirare/exspirare breathe out, breathe one s last, die, from ex out (see EX (Cf. ex )) + spirare to breathe (see SPIRIT (Cf. spirit)) …   Etymology dictionary

  • expire — [v1] come to an end bite the dust*, buy it*, cash in chips*, cease, close, conclude, croak*, decease, depart, die, elapse, end, finish, go, kick the bucket*, lapse, pass, pass away, pass on, pass over, perish, quit, run out, stop, strike out*,… …   New thesaurus

  • expire — I verb animam edere, become void, cease, cease to be, close, come to a close, come to an end, conclude, decease, depart, die, die away, die out, disappear, discontinue, draw to a close, elapse, end, exspirare, fade away, finish, go, lapse, pass,… …   Law dictionary

  • expire — *pass, pass away, elapse Analogous words: end, terminate, *close: cease, discontinue (see STOP) Contrasted words: *begin, commence, start …   New Dictionary of Synonyms

  • expire — ► VERB 1) (of a document or agreement) come to the end of the period of validity. 2) (of a period of time) come to an end. 3) (of a person) die. 4) technical exhale (air) from the lungs. DERIVATIVES expiration noun expiratory adjective …   English terms dictionary

  • expire — [ek spīr′, ikspīr′] vt. expired, expiring [ME expiren < L exspirare < ex , out + spirare, to breathe: see SPIRIT] 1. to breathe out (air from the lungs) 2. Obs. to give off (an odor, etc.) vi. 1. to breathe out air 2 …   English World dictionary

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”