Old may apply to either actual or merely relative length of existence. Having lived or existed for a long time Some common synonyms of old are ancient, antiquated, antique, archaic, obsolete, and venerable
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While all these words mean having come into existence or use in the more or less distant past, old may apply to either actual or merely relative length of existence.
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A vacationing family discovers that the secluded beach where they're relaxing for a few hours is somehow causing them to age rapidly, reducing their entire lives into a single day. I think this cheese is old, judging by the smell of it. Old is the most general term Ancient pertains to the distant past
You use old to refer to something that is no longer used, that no longer exists, or that has been replaced by something else The old road had disappeared under grass and heather. A vacationing family finds themselves stranded on a secluded beach that has the power to quicken the aging process, slashing their lifespan to one day Watch trailers & learn more.
There are eight meanings listed in oed's entry for the noun old, two of which are labelled obsolete
See ‘meaning & use’ for definitions, usage, and quotation evidence.