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English definition of “scrap”

scrap

verb [T]     /skræp/ (-pp-)
to decide not to continue with an activity or plan: The bank has scrapped its plans for a property division.
to get rid of something that is no longer useful or wanted, especially so that its parts can be used: The car would have cost so much to repair that I decided to scrap it.
(Definition of scrap verb from the Cambridge Business English Dictionary © Cambridge University Press)
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