palaioo describes becoming worn with age, and in covenant language becoming obsolete.

The term is used of things subject to age and wear, including clothing and purses, and of the first covenant as becoming obsolete in the statement about a new covenant.

1. Growing worn with age · dominant

   In Hebrews 1:11, the future passive form occurs in the comparison of all things to clothing; the APB renders the clause “all will grow old like clothing.” In Luke 12:33, the present passive participle modifies purses that the APB says “do not wear out.”

   Hebrews 1:11Luke 12:33
2. Becoming obsolete · occasional

   In Hebrews 8:13, a perfect active form and a present passive participle occur in the statement contrasting a new covenant with the first one. The APB renders the clause “he has made the first one obsolete” and then speaks of what is “becoming obsolete and growing old.”

   Hebrews 8:13

In the Anselm Project Bible: The APB presents the term with “grow old” for clothing, “wear out” for purses, and “obsolete” or “growing old” for the first covenant. These are renderings within whole-verse translations rather than definitions.