obsolescence
Variant of obsolescent
obsolescent
Definition
ob·so·les·cent (äb′sə les′ənt)
adjective
in the process of becoming obsolete
Etymology: L obsolescens
obsolescence 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process of becoming out of date.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.
obsolescence
Law Definition
n
- A process or condition of becoming useless or obsolete.
- A diminishing of a propertys value or usefulness, especially because of innovations in technology, as distinguished from physical decay. See also depreciation.
obsolescence Quotes
Styling is designing for obsolescence.
Browse dictionary entries near obsolescence
- obsolesced
- obsolesce
- obsidian
- obsessiveness
- obsessively
- obsessive compulsive disorder
- obsessive-compulsive
- obsessive
- obsessional
- obsession
- obsolescent
- obsolescently
- obsolescing
- obsolete
- obsoleted
- obsoletely
- obsoleteness
- obsoleting
- obstacle
- obstacle course
