In the same way that you can manage information management
policies for site content types, you can also access information
management policies for a particular SharePoint 2013 list or folder.
The difference with this approach is that the policies on a single
document library or folder are not used elsewhere on the site and will
not impact other users.
When you access information management policy settings at the
library level, you have the option to apply retention schedules to all
documents in the library rather than to specific content types. Also,
information policy settings at the site content type level can be
configured to override your local settings. In this case, you will
receive a warning noting that you cannot change the settings locally.
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In a document library, on the ribbon, click the Library tab.
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In the settings group, click the Library Settings button.
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On the Settings page, in the Permissions And Management section, click Information Management Policy Settings.
Tip
You will generally want to apply list information management rules
to document or media libraries because these are the types of content
that are regulated by policy.
Tip
To make the Library tab available, you must have already navigated to a list or library