- an elected official or group of officials, as a legislator, continuing in office during the period between an election defeat and a successor's assumption of office.
- a president who is completing a term of office and chooses not to run or is ineligible to run for reelection.
- a person finishing a term of employment after a replacement has been chosen.
- anything soon to be supplanted by another that is more efficient, economical, etc.
- a person or thing that is helpless, ineffective, or inefficient.
- a person who has lost a great deal of money in speculations on the stock market.
- a person or thing that is disabled or ineffectual
- a speculator who cannot discharge his liabilities
- a company with a large workforce and high prestige that is unable to meet foreign competition without government support
- US
- an elected official or body of officials remaining in office in the interval between the election and inauguration of a successor
- (as modifier)
- designating a term of office after which the officeholder will not run for re-election
