obsolescent

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obsolescent

(ŏb′sə-lĕs′ənt)
adj.
Biology Becoming reduced during the course of evolution; vestigial or nearly vestigial. Used of an organ or other part of an organism.

ob′so·les′cence n.
ob′so·les′cent·ly adv.
References in periodicals archive ?
Since the deductions for items of special incurable functional obsolescence come ,after the calculations for superadequacy and after baseline depreciation, the amount deducted for special incurable functional obsolescence must take into consideration prior deductions where appropriate.
When properties are acquired with the intent of using the same for the functions for which the property was designed and built or altered, then there may be no special incurable functional obsolescence. For example, if an automotive assembly plant is acquired for continued use as an auto assembly facility, there may be little or no special incurable functional obsolescence that causes operational cost penalties.
In the field of special-purpose industrial properties, the highest and best use at the time of valuation is particularly critical to the estimation of special incurable functional obsolescence, if any, accrued.
If there is an oversupply of the type of general-purpose industrial property in the locality to the point of affecting value, this is a form of external obsolescence.
Experienced purchasers will often make a deduction on a contingency basis of some percentage of the value indicated net of deductions for superadequacies, baseline depreciation, and special incurable functional obsolescence.
Another potential cause of overall obsolescence may pertain to the relationship of a specific building or improvement to the overall layout of a multi-improvement facility.