👉 In the context of a business or company, "castoff" refers to items that have been discarded or no longer needed by the company but are still useful for another purpose. These items can be used as part of a recycling process, refurbished, sold as inventory, or donated to charities. For example, if an organization has a stockpile of old computers that they don't need anymore, they could consider castoff these unused computers and sell them on eBay or Craigslist. Alternatively, the company might
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What is the definition of Castoffs? 🙋
👉 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
