/ɪkˈspaɪəri ʌv ðə ˈliːɡəl/ – Phrase
Definition: (Scot) hết hạn để con nợ chuộc lại tài sản được chuyển dịch cho chủ nợ theo lệnh của tòa án.
A more thorough explanation: The legal term “expiry” refers to the termination or end of a legal document, agreement, license, or right at the end of a specified period or upon the occurrence of a certain event. It signifies the point at which something ceases to be valid or effective according to the terms outlined in the relevant legal instrument.
Example: The expiry of the legal contract is set for December 31st, 2022.