1. Home
  2. Education
  3. Economics

Definition of Obsolescence

From Econterms, for About.com

Definition: Definition of Obsolescence: Obsolescence is an object's attribute of losing value because the outside world has changed. Obsolescence is a source of price depreciation. (Econterms)

Terms related to Obsolescence:
None

About.Com Resources on Obsolescence:
None

Writing a Term Paper? Here are a few starting points for research on Obsolescence:

Books on Obsolescence:
None

Journal Articles on Obsolescence:
None

Explore Economics

About.com Special Features

A Smarter Future

Tips that will help finance your education, excel in the classroom, and advance your career. More >

How to Ace the GRE

Being well prepared is the first step; here are more essential suggestions. More >

  1. Home
  2. Education
  3. Economics
  4. Economics Glossary
  5. Terms Beginning with O
  6. Obsolescence - Dictionary Definition of Obsolescence

©2009 About.com, a part of The New York Times Company.

All rights reserved.