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An expiration date or expiry date is a previously determined date after which something should no longer be used, either by operation of law or by exceeding the anticipated shelf life for perishable goods. Expiration dates are applied to some food products and other products like infant car seats where the age of the product may affect its safe ...
The expiration date of pharmaceuticals specifies the date the manufacturer guarantees the full potency and safety of a drug. Most medications continue to be effective and safe for a time after the expiration date. A rare exception is a case of renal tubular acidosis purportedly caused by expired tetracycline. [9]
An expiration date is a predetermined date after which a particular product should no longer be used. The phrase may also refer to: Expiration Date, a 2006 comedy; Expiration Date (Powers novel), a novel by Tim Powers; Expiration Date (Swierczynski novel), written by Duane Swierczynski
These items include perishable products or consumer goods with a specified expiration date. The product with the deadline for the next intake will be the first to be served or removed from stock. FEFO is majorly used in the pharmaceutical and chemical industries where expired dates are calculated based on a batch-expired date or shelf-life time.
All examples use example date 2021-03-31 / 2021 March 31 / 31 March 2021 / March 31, 2021 – except where a single-digit day is illustrated. Basic components of a calendar date for the most common calendar systems: D – day; M – month; Y – year; Specific formats for the basic components: yy – two-digit year, e.g. 24; yyyy – four-digit ...
The labeled expiration date is a manufacturer's promise for a time until which the drug will have full efficacy and be safe as manufactured. [4] The labeled expiration date is not an indication of when a drug has become ineffective or unsafe to use. [4] Many drugs are effective for years after their expiration dates. [4]
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In finance, the expiration date of an option contract (represented by Greek letter tau, τ) is the last date on which the holder of the option may exercise it according to its terms. [1] In the case of options with "automatic exercise", the net value of the option is credited to the long and debited to the short position holders.