# Expiration Event

**IRI:** https://folio.openlegalstandard.org/RCmkrESHrcL7bKILqkwAG1J

## Labels

## Definition

An Expiration Event in legal terms refers to the occurrence that triggers the end of a legal privilege (e.g., regulatory permission) or obligation (e.g., contract), rendering its terms no longer enforceable. It marks the conclusion of the legal permission or obligation.

## Sub Class Of

- https://folio.openlegalstandard.org/ReoekaIFkvXuZDtiEVwWPe

## See Also

- https://folio.openlegalstandard.org/R74TUaDuXhtfgwnBtY34zgP

**Deprecated:** False