- legacy
- ▪ I. legacy leg‧a‧cy 1 [ˈlegəsi] noun legacies PLURALFORM [countable]1. a situation that exists as a result of things that happened at an earlier time:
• Hotels are in oversupply, a legacy of the last building boom.
2. LAW money or property that you receive from someone after they die:• His death would secure her a legacy.
• Many people want to leave a legacy to a charity they have supported all their lives.
deˌmonstrative ˈlegacy LAWa legacy that comes from a particular amount of money or group of things that has been leftˌgeneral ˈlegacy LAWa legacy that does not come from a particular amount of money or group of things that has been leftreˌsiduary ˈlegacy LAWa legacy that consists of all the money and property that remains after other amounts of money or pieces of property have been given to othersold and no longer sold, but still used by some people:• The software offers automated integration with legacy systems.
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Ⅰ.legacy UK US /ˈlegəsi/ noun [C] (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(Cf. ↑demonstrative legacy), GENERAL LEGACY(Cf. ↑general legacy), RESIDUARY LEGACY(Cf. ↑residuary legacy)Ⅱ.legacy UK US /ˈleɡəsi/ adjective [before noun]► a legacy product or system is one that is no longer available to buy or no longer used very often, but that is still used by some people or companies: »legacy computer/information systems
Financial and business terms. 2012.