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obsolescence

   Also found in: Dictionary/thesaurus, Medical, Legal, Financial, Wikipedia, Hutchinson 0.01 sec.
obsolescence [‚äb·sə′les·əns]
(engineering)
Decreasing value of functional and physical assets or value of a product or facility from technological changes rather than deterioration.


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? Mentioned in ? References in periodicals archive
 
MADE TO BREAK: Technology and Obsolescence in America
The V-22 Obsolescence Management Team officially stood up in June 2004.
Obsolescence beckons by the year 2010 for products representing more than 70% of today's sales, finds a report by Deloitte, "Mastering the Innovation Paradox.
 
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