Legacy Definition Business Dictionary

Legacies are generally classified as 1 demonstrative.

Legacy definition business dictionary. Although more modern ones are available 2 legacy data from longman business dictionary legacy leg a cy 1 ˈlegəsi noun plural legacies countable. A legacy is money or property which someone leaves to you when they die. A legacy asset can become a liability if not handled properly. Something that is a part of.

Paid out of specific funds or portioned out of a specific property. Legacy business means the real estate sales and property management business described in item 1 description of business contained in the parent s annual report on form 10 k for fiscal year ended december 31 2018 as filed with the sec and all related sales training materials copyrights trademarks and trade names currently in use in connection with the legacy business. Something that happens or exists as a re. Meaning pronunciation translations and examples.

An asset that has been in a company for such a long time that it actually has lost its original value it s outdated obsolete or has lost its productivity. Money or property that you receive from someone after they die. Gift of personal property through a will by the writer of the will the testator to an individual or organization the legatee. Something handed down from an ancestor or a predecessor or from the past.

Something that is a part of. Legacy synonyms legacy pronunciation legacy translation english dictionary definition of legacy. Legacy definition is a gift by will especially of money or other personal property. How to use legacy in a sentence.

Not clearly identified such as a house 3 pecuniary.