Noun
(countable and uncountable, plural obsolescences)
- expiration
- expiry
- life span
- obsolescent
- shelf life
Origin
From Latin obsolescens past participle of obsolescere.
obsolescence
English Wiktionary. Available under CC-BY-SA license.
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MLA Style
"obsolescence." YourDictionary, n.d. Web. 20 July 2019. <https://www.yourdictionary.com/Obsolescence>.
APA Style
obsolescence. (n.d.). Retrieved July 20th, 2019, from https://www.yourdictionary.com/Obsolescence
obsolescence - Investment & Finance Definition
The process of becoming out of date. It is one of the underlying concepts of depreciation, because obsolescence limits the useful life of an asset.
Webster's New World Finance and Investment Dictionary Copyright © 2010 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.
Used by arrangement with John Wiley & Sons, Inc.
Link to this page
Cite this page
MLA Style
"obsolescence." YourDictionary, n.d. Web. 20 July 2019. <https://www.yourdictionary.com/Obsolescence>.
APA Style
obsolescence. (n.d.). Retrieved July 20th, 2019, from https://www.yourdictionary.com/Obsolescence
obsolescence - Legal Definition
n
- A process or condition of becoming useless or obsolete.
- A diminishing of a property’s value or usefulness, especially because of innovations in technology, as distinguished from physical decay. See also depreciation.
Webster's New World Law Dictionary Copyright © 2010 by Wiley Publishing, Inc., Hoboken, New Jersey.
Used by arrangement with John Wiley & Sons, Inc.
Used by arrangement with John Wiley & Sons, Inc.
Link to this page
Cite this page
MLA Style
"obsolescence." YourDictionary, n.d. Web. 20 July 2019. <https://www.yourdictionary.com/Obsolescence>.
APA Style
obsolescence. (n.d.). Retrieved July 20th, 2019, from https://www.yourdictionary.com/Obsolescence
