Definition of surplus property

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TeachMeFinance.com - explain surplus property



surplus property

'surplus property' is an military term. It means '(DOD) Any excess property not required for the needs and for the discharge of the responsibilities of all federal agencies, including the Department of Defense, as determined by the General Services Administration'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".

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