Meaning of “planned obsolescence” in the English Dictionary

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"planned obsolescence" in Business English

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planned obsolescencenoun [ U ]

uk us

PRODUCTION a situation in which goods are deliberately made or designed so that they do not last for a long period of time:

Critics of planned obsolescence call it wasteful and dishonest, while supporters say that it is good for the economy.

(Definition of “planned obsolescence” from the Cambridge Business English Dictionary © Cambridge University Press)