Definition
Old technology still in use because it's too critical or expensive to replace, despite being held together by prayers and the one person who understands COBOL. It works, nobody knows how, and everyone's terrified to touch it.
Example Usage
Our core banking system is a legacy system from 1987 running on hardware we have to buy from eBay because it's been discontinued for 20 years.
Source: Information technology and systems management
Related Terms
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See “legacy system” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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