DefinedTerm · operations
Expiry policy
The rule governing when an outstanding rewards or points balance stops being redeemable — an accounting decision with a balance-sheet consequence, made by finance, that a licensed platform implements rather than defaults for the licensee.
Common causes
A platform shipping with an opinionated default expiry policy that a licensee adopts without realising it just made an accounting decision by accepting a default.
What good looks like
The policy set by the licensee’s finance function before launch, with the platform enforcing whatever was decided rather than assuming a rule.
Nearby terms
Term set: the build vocabulary. Capital-markets terms are defined on gda.group; agent-economy terms on flashygroup.com. One term, one home.