retention period

noun
UK /rɪˈtɛnʃən ˈpɪəriəd/
US /rɪˈtɛnʃən ˈpɪriəd/

A retention period is the amount of time you keep something before you throw it away.

The library has a retention period of two weeks for borrowed books.


OTHER MEANINGS

2. The length of time a company or organization must keep official records before deleting them.

Financial documents have a retention period of seven years.

3. The time a computer system stores data before automatically removing it.

The app's retention period for messages is thirty days.

4. The time a person stays in a job, school, or program before leaving.

The school tracks the retention period of new students.