Definition, Meaning & Synonyms

scrappage

Noun

/ˈskræpɪdʒ/

Definition

The act of discarding or disposing of something that is no longer useful or valuable, often relating to old vehicles or machinery.

Examples

The government introduced a scrappage scheme to encourage the replacement of older cars with more environmentally friendly models.
After assessing the scrappage of outdated factory machines, the company decided to invest in modern equipment.
Many vehicles were eligible for scrappage, allowing the owners to trade them in for newer versions.

Meaning

Scrappage commonly refers to the process through which old products are taken out of use and replaced, typically in exchange for some form of compensation, like a rebate or incentive.