[{"Bold_text": "noun", "List Items": ["an elected official or group of , as a legislator, continuing in office during the period between an election defeat and a successor's assumption of .", "a president who is completing a term of 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."]}]