Information about Military Surplus
Military surplus are goods, usually matériel, that are sold at public auction when no longer needed by the military. Entrepreneurs often buy these goods and resell them at surplus stores. Military surplus rarely includes weapons or munitions, though they are occasionally found in such stores. Usually the goods sold by the military are clothing, equipment, and tools of a generally useful nature.
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Materiel (from the French "matériel" for equipment or hardware, related to the word material) is a term used in English to refer to the equipment and supplies in military and commercial supply chain management.
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An auction is the process of buying and selling goods by offering them up for bid, taking bids, and then selling the item to the winning bidder. In economic theory, an auction is a method for determining the value of a commodity that has an undetermined or variable price.
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Military has two broad meanings. In its first sense, it refers to soldiers and soldiering. In its second sense, it refers to armed forces as a whole. Over the years, military units have come in all shapes and sizes.
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An entrepreneur (a loanword from French introduced and first defined by the Irish economist Richard Cantillon) is a person who operates a new enterprise or venture and assumes some accountability for the inherent risks.
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A surplus store sells items that are used, or purchased but unused, and no longer needed. The surplus is often military, government or industrial excess. The idea is related to a thrift store, though the latter is primarily consumer leftovers.
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weapon is a tool used to injure, incapacitate, or kill an adversary.[1][2] Weapons may be used to attack and defend, and consequently also to threaten or protect. Metaphorically, anything used to damage (even psychologically) can be referred to as a weapon.
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Munition is often defined as a synonym for ammunition. A narrower definition would include bombs, missiles, warheads, and mines (landmines, naval mines, and claymore mines) -- what munitions factories manufacture.
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tool or device is a piece of equipment which typically provides a mechanical advantage in accomplishing a physical task, or provides an ability that is not naturally available to the user of a tool. The most basic tools are simple machines.
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tool or device is a piece of equipment which typically provides a mechanical advantage in accomplishing a physical task, or provides an ability that is not naturally available to the user of a tool. The most basic tools are simple machines.
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The Surplus Property Act of 1944 (ch. 479, 58 Stat. 765, et seq., enacted October 31944) is an act of the United States Congress that was enacted to provide for the disposal of surplus government property to "a State, political subdivision of a State, or
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