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Outmoded - Law Dictionary Search Results

Home Dictionary Name: outmoded

obsolescence

obsolescence : a loss in the utility or value of property that results over time from intrinsic limitations (as outmoded facilities) or external circumstances NOTE: Obsolescence is usually distinguished from depreciation and physical deterioration. eco·nom·ic obsolescence : obsolescence that results from external factors (as location) that render a property obsolete, no longer competitive, unattractive to purchasers or investors, or of decreasing usefulness [claimed that the appraisal failed to account for economic obsolescence resulting from an adjacent waste facility] func·tion·al obsolescence [fək-shə-nəl-] : obsolescence deriving from a lack of adequate or appropriate equipment, space, or design ...


Outdated

Being out of date antiquated outmoded unfashionable...


outmoded

same as old fashioned a 3...


Law-hand

Law-hand, means an outmoded rococo method of handwriting once used by scribes in preparing legal documents. Black's Law Dictionary, 7th Edn., p. 892....


Sale of business doctrine

Sale of business doctrine, means the outmoded rule holding that the transfer of stock incident to the sale of a business does not constitute a transfer of securities, Black's Law Dictionary, 7th Edn., p. 1339....


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