External Obsolescence

Business, Legal & Accounting Glossary

Definition: External Obsolescence


External Obsolescence


Full Definition of External Obsolescence


Incurable depreciation caused by factors not on subject property, such as environmental, social, or economic factors.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/external-obsolescence/
Modern Language Association (MLA):
External Obsolescence. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 29, 2024 https://payrollheaven.com/define/external-obsolescence/.
Chicago Manual of Style (CMS):
External Obsolescence. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/external-obsolescence/ (accessed: March 29, 2024).
American Psychological Association (APA):
External Obsolescence. PayrollHeaven.com. Retrieved March 29, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/external-obsolescence/

Definition Sources


Definitions for External Obsolescence are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.