DEFINITION of 'Boneyard'

Storage space for obsolete items. The term boneyard derives its name from the fact that items stored here are generally stripped of any usable parts until only their "skeletons" remain.


Scrap yards for vehicles and industrial machinery often resemble metal boneyards. In the office environment, storage rooms for obsolete computers and other hardware may be considered to fit the boneyard category as well.

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    The degree to which an asset or security can be quickly bought ...
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