A process which involves a manufacture to develope a product (such as a car, video game console, TV) with the intentions of making it obsolete and/or non-functional after a certain period of time in order to sales and profit. It has benefits for a producer (repeat purchases) but disadvantages for the consumer(waste of time and money).
Man, I have to go to the store again; my toaster broke and it would cost more to fix it than to buy a new one. Freakin' planned obsolescence.
by Yza February 01, 2008