Shelf-life meaning

The length of time a product may be stored without becoming unsuitable for use or consumption.
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The length of time a packaged food, chemical preparation, etc. can be stored without deteriorating.
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Figuratively, the length of time something remains popular, well-known, etc.
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The length of time a product (especially food and drugs) will last without deteriorating or without being sold.
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The maximum time a packaged material can be stored under specific conditions and still meet the performance requirements specified.
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