Military surplus

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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.

The largest seller of military surplus in the world is Liquidity Services, Inc., which operates two subsidiaries, Government Liquidation, LLC -- Government Auctions -- (www.govliquidation.com), and Liquidity Services Ltd. (www.uksurplus.com), which sell military surplus under contracts with the U.S. Department of Defense and the UK Ministry of Defence respectively.

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[edit] See also

• Surplus Property Act