👉 "Expirations" is a term used in the context of accounting and finance, particularly in the field of financial planning. Expiration refers to the time period during which an asset or liability can be sold before it becomes worthless. In financial terms, an expiration occurs when the seller has no intention of selling the asset at its market value. This means that the asset is not expected to sell for a significant amount of money within a specific period, such as one year. The term "expiration