👉 In the context of economics, a castoff is an item that has been discarded or sold at a loss due to its poor quality or lack of value. It is often used as a metaphor for something that should have been purchased but was not because it had no practical use or did not meet one's expectations. For example, a person might sell a pair of expensive shoes they don't wear anymore because they didn't fit them properly or had holes in the soles. Alternatively, a castoff
