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English definition of “legacy”

legacy

noun [C]     /ˈleɡəsi/ (plural legacies)
a situation that has developed as a result of past actions and decisions: legacy of sth The policies of the last ten years are responsible for the legacy of huge consumer debt. The President's greatest legacy was the message he always gave that humans can improve their lives if they try. The success of the Olympic Games left a lasting legacy of benefit to the city.
LAW money or property that a person or organization receives from someone who has died: Many people want to leave a legacy to a charity they have supported all their lives. → See also demonstrative legacy, general legacy, residuary legacy
(Definition of legacy noun from the Cambridge Business English Dictionary © Cambridge University Press)
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