Physical
Smith's Financial Dictionary · 1903 · p. 414
condition. The condition or state of a property; in the case of a railroad the condition or state of the structure Al (roadbed and buildings) and equipment (locomotives, cars and other apparatus for handling traffic and machinery in shops). Piece-of-eight. The old Spanish peso of Mexico is sometimes called the piece of eight reals (real being derived from rey, a king). 414
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