at expiration

USAGE SUMMARY

The phrase "at expiration" is correct and usable in written English.
It is typically used in financial contexts to refer to the moment when an option or contract reaches its end date. Example: "The option will be worthless at expiration if it is not exercised."

✓ Grammatically correct

News & Media

Science

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

If the stock closes below $145 at expiration, both options expire worthless and the premium is yours to keep.

Forbes

If IBM stock at expiration ends up below $120, the call option expires worthless and the $2.63 is pure profit.

Forbes

Either way, at expiration, the two positions will be worth the same, and a small profit will be realized.

The New York Times

However, unless end expiratory pressure is increased alveoli collapse at expiration (hexagons significantly reduced in size).

Intensive Care Medicine Experimental

The two other P-ARPV settings are the pressure at inspiration (PHigh) and at expiration (PLow).

Intensive Care Medicine Experimental

The trader keeps the full $0.61 premium if shares settle at $23 at expiration.

Forbes

Straddlers keep the entire premium if Macy’s shares settle at $23.00 at expiration next month.

Forbes

Let's assume that at expiration your Fannie Mae stock has risen to $65 a share.

Forbes

Traders retain the full premium received Thursday if Abercrombie's shares settle at $35.00 at expiration.

Forbes

This investor would lose out should the volatility index surge above 36.3 at expiration.

Forbes

The trader retains the full amount of premium if HIG's shares settle at $28 at expiration.

Forbes

Expert writing Tips

Best practice

When discussing options or contracts, ensure the context clearly defines what "at expiration" refers to, especially if multiple expiration dates are involved.

Common error

Avoid assuming that all terms and conditions remain the same until "at expiration". Some clauses might change or become void before the final date.

Linguistic Context

The phrase "at expiration" functions as an adverbial phrase, modifying verbs or clauses to specify when an action or state occurs. Ludwig AI confirms its correct and usable application across various contexts.

Expression frequency: Very common

Frequent in

News & Media

61%

Science

39%

Formal & Business

0%

Less common in

Encyclopedias

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

In summary, the phrase "at expiration" is grammatically correct and frequently used across a variety of contexts, particularly in finance and science. As demonstrated by Ludwig AI, its function is to precisely define when an action or condition concludes, often relating to options, contracts, or experimental phases. While alternatives such as "upon expiration" and "on expiry" exist, understanding the nuanced context ensures accurate communication. The phrase maintains a neutral to professional register, making it suitable for diverse professional writings.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

upon expiration

Replaces "at" with "upon", emphasizing the moment something expires.

at the time of expiration

More descriptive, specifying a particular point in time.

on expiry

A more concise way of saying "at expiration", common in some regions.

when expiring

Focuses on the action of expiring.

at maturity

Often used in financial contexts for investments.

at the end of the term

Replaces "expiration" with a more general term.

at termination

Implies a more formal ending or cancellation.

upon completion

Focuses on finishing a task or process.

at the deadline

Highlights the final date for something.

at the close

Describes the end of a specific period.

FAQs

How is "at expiration" used in finance?

In finance, "at expiration" refers to the specific date and time when an option or contract becomes void. The value of the option or contract is determined by the underlying asset's price at that moment. For example, an option expires worthless if it is out-of-the-money "at expiration".

What are some alternatives to saying "at expiration"?

You can use alternatives like "upon expiration", "on expiry", or "at maturity" depending on the context. "At maturity" is more suitable in financial contexts related to bonds or investments.

Is there a difference between "at expiration" and "after expiration"?

Yes, "at expiration" refers to the exact moment something expires, while "after expiration" refers to the period following that moment. Actions or values are assessed "at expiration", but consequences or results occur after it.

What happens if an option is not exercised at expiration?

If an option is not exercised and is out-of-the-money "at expiration", it expires worthless. The holder loses the premium paid for the option. Conversely, in-the-money options are typically automatically exercised.