Meaning of the word expiry in English

What does expiry mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

expiry

US /ɪkˈspaɪr.i/
UK /ɪkˈspaɪə.ri/
"expiry" picture

Noun

the end of the period for which something is valid

Example:
Please check the expiry date on the milk carton.
The contract has reached its expiry.