👉 Caducity refers to the point at which a product or service is no longer considered valid for sale. It is often used in the context of food, where it refers to the point when the shelf life of an item (such as a product) has expired and cannot be consumed any further. In other contexts, caducity can refer to the expiration date on a specific type of document such as a passport or driver's license. It is also used in the context of financial terms where it
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