Definitions for "Surplus property"
Keywords:  gsa, excess, foreseeable, longer, junk
Any excess property not required for the needs and the discharge of the responsibilities of Federal agencies. Authority to make this determination, after screening with all Federal agencies, rests with the Military Departments. Commonly confused with excess property, which is property no longer needed by a specific federal agency (e.g., the Department of Defense).
Excess personal property for which is there is no longer a need in the Federal Government.
Property in excess of the needs of an organization and not required for its foreseeable use. Surplus may be used or new, but it possesses some usefulness for the purpose it was intended or for some other purpose.