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单词 surplus property
释义

surplus property

Definition
Property that is retained by a state government, but is not currently being utilized. A surplus property may be out of date or no longer working. The property is typically housed in a facility or kept vacant until the state decides what to do with the property. In 2009, the state of California sold a majority of its surplus property in an effort to close the huge budget deficit it was facing.
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更新时间:2025/3/10 8:59:48