Goverenment surplus: excess ,outdated or unnecessary assests of a goverenment agency or goverenment contractor.Goverenment surplus can be new surplus or excess goods, bulk items, surplus vehicles, surplus real estate or any surplus tangiable assests that the goverenment wants to liquidate. The surplus assets can originate from state, local or federal goverenment agencies. The goverenment
surplus assests are
liquidated at goverenment surplus sales or goverenment
surplus auctions. When the surplus assests come from a branch of the armed services the surplus assets
military surplus