Definitions

1. noun

The act or practice of scrapping vehicles, or a scheme in which the government provides financial incentives to encourage people to scrap old vehicles in exchange for new ones.

“The government introduced a scrappage scheme to boost the automotive industry during the economic downturn.”

2. noun

The material remaining after something has been scrapped or dismantled.

“The scrappage from the old factory was sold to a metal recycling plant.”

3. noun

The act of scrapping or getting rid of something, especially because it is no longer useful or is worn out.

“The company’s scrappage of outdated equipment resulted in significant cost savings.”