obsolescence
Definition
A loss in the utility of an asset due to the development of improved or superior equipment, but not due to physical deterioration.
Use obsolescence in a sentence
“ You should try to make a product that will never end up in obsolescence so that you can always sell it. ”
“ There was a lot of obsolescence with the utility and it was because of the improved equipment that was developed recently. ”
“ Apple's dominance in the laptop, smart phone, and now wearable markets has led some to strongly argue for Microsoft's obsolescence. ”
