legacy

IPA: ɫˈɛgʌsi

(law) Money or property bequeathed to someone in a will.
Something inherited from a predecessor or the past.
(education) The descendant of an alumnus, given preference in academic admissions.

Examples of "legacy" in Sentences

But the legacy is a two-tier economy that is only slowly eroding.
We probably won't hear much from him for the next five years, but his legacy is there.
How can the term legacy be used for a man who supported the murder of 49 million babies since
Sabre, back from college after being enrolled in the study-abroad program, is upset his title legacy has been tarnished by a woman.
Your college friend seems to have morphed into what I call a "legacy friend" a friend from the past with little currency in the present.
Either way, the legacy is a troubling one: he was, in one reading, willing to sell (or at least lease) his faith for political porridge, or he really believed his private beliefs could be quarantined from his political actions (Mario Cuomo, anyone?).
BP also said it would separately pay Bridas Corp. $700 million to settle claims between the two companies and to terminate what it called legacy restrictive covenants among BP, Pan American Energy and Bridas Corp. These allowed Pan American Energy to participate in any of BP's activities in the southernmost areas of South America.